South Africa: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in South Africa

In 2022, the South African market for coconut, abaca, ramie and other vegetable textile fibres decreased by -8.6% to $X, falling for the second year in a row after five years of growth. In general, consumption, however, continues to indicate noticeable growth. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in South Africa

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 19% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

In 2022, the average yield of coconut, abaca, ramie and other vegetable textile fibres in South Africa stood at X kg per ha, approximately equating 2021. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 2.8% against the previous year. The yield of coconut, abaca, ramie and other vegetable textile fibres peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of coconut, abaca, ramie and other vegetable textile fibres were harvested in South Africa; flattening at the previous year. Overall, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 2% against the previous year. The harvested area of coconut, abaca, ramie and other vegetable textile fibres peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from South Africa

In 2022, overseas shipments of coconut, abaca, ramie and other vegetable textile fibres decreased by -54.1% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 559% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then reduced dramatically in the following year.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres shrank dramatically to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 193% against the previous year. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Mozambique (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of exports of coconut, abaca, ramie and other vegetable textile fibres from South Africa, together accounting for 76% of total exports. Uganda, Botswana and Lesotho lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for Lesotho (with a CAGR of +36.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coconut, abaca, ramie and other vegetable textile fibre exported from South Africa were Zambia ($X), Namibia ($X) and Mozambique ($X), together comprising 77% of total exports. Botswana, Lesotho and Uganda lagged somewhat behind, together accounting for a further 23%.

Lesotho, with a CAGR of +23.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, dropping by -9.3% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 216%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into South Africa

In 2022, supplies from abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by -19.1% to X tons, falling for the second year in a row after six years of growth. Overall, imports, however, saw a strong expansion. The growth pace was the most rapid in 2018 with an increase of 35% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres dropped to $X in 2022. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 38%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest coconut, abaca, ramie and other vegetable textile fibre supplier to South Africa, with a 66% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), threefold. Mozambique (X tons) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (-4.3% per year) and Mozambique (+30.2% per year).

In value terms, India ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to South Africa, comprising 58% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 28% share of total imports. It was followed by Brazil, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+0.5% per year) and Brazil (-2.4% per year).

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, surging by 5.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 17%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform