South Africa: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in South Africa

After three years of decline, the South African flax, tow and waste market increased by X% to $X in 2021. Over the period under review, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Tow And Waste in South Africa

In value terms, flax, tow and waste production dropped to $X in 2021 estimated in export price. In general, production, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020, and then dropped in the following year.

In 2021, the average flax, tow and waste yield in South Africa was estimated at less than X kg per ha, approximately reflecting the year before. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of flax, tow and waste were harvested in South Africa; approximately reflecting the year before. In general, the harvested area saw a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from South Africa

In 2021, overseas shipments of flax, tow and waste decreased by -X% to X kg for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X kg in 2020, and then dropped sharply in the following year.

In value terms, flax, tow and waste exports fell notably to $X in 2021. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then fell markedly in the following year.

Exports by Country

Mozambique (X kg), Namibia (X kg) and Botswana (X kg) were the main destinations of flax, tow and waste exports from South Africa, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Mozambique (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) remains the key foreign market for flax, tow and waste exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Swaziland, with less than X% share.

From 2012 to 2021, the average annual growth rate of value to Mozambique amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+X% per year) and Swaziland (+X% per year).

Export Prices by Country

In 2021, the average flax, tow and waste export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a significant increase. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flax, Tow And Waste

Imports into South Africa

In 2021, purchases abroad of flax, tow and waste increased by X% to X kg for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X kg. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, flax, tow and waste imports soared to $X in 2021. In general, imports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X kg) was the main supplier of flax, tow and waste to South Africa, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at -X%.

In value terms, Spain ($X) constituted the largest supplier of flax, tow and waste to South Africa.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +X%.

Import Prices by Country

The average flax, tow and waste import price stood at $X per ton in 2021, waning by -X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +X% per year.

Source: IndexBox Platform

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