South Africa: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2025

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in South Africa

The South African high-tenacity filament nylon yarn market shrank to $X in 2022, reducing by -6.5% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. High-tenacity filament nylon yarn consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in South Africa

In value terms, high-tenacity filament nylon yarn production 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; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by 19% against the previous year. High-tenacity filament nylon yarn production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from South Africa

For the third year in a row, South Africa recorded growth in overseas shipments of high-tenacity filament yarn of nylon or other polyamides, which increased by 71% to X tons in 2022. In general, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 212% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Zambia (X tons), Australia (X tons) and Zimbabwe (X tons) were the main destinations of high-tenacity filament nylon yarn exports from South Africa, together accounting for 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +687.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), Zambia ($X) and Zimbabwe ($X) were the largest markets for high-tenacity filament nylon yarn exported from South Africa worldwide, with a combined 95% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +774.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, jumping by 22% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. Over the period under review, the average export prices hit record highs 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 Namibia ($X per ton), while the average price for exports to Zambia ($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 Australia (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into South Africa

For the third consecutive year, South Africa recorded decline in purchases abroad of high-tenacity filament yarn of nylon or other polyamides, which decreased by -16.8% to X tons in 2022. In general, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2013 when imports increased by 31% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports shrank to $X in 2022. Overall, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 34% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of high-tenacity filament nylon yarn to South Africa, with a 75% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold. The third position in this ranking was taken by Indonesia (X tons), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.6% per year) and Indonesia (+133.2% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to South Africa, comprising 68% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+135.8% per year) and the Netherlands (-9.8% per year).

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, rising by 3.7% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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