South Africa: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in South Africa

The South African market for polyester tow and staple, not carded, combed or otherwise processed for spinning reduced to $X in 2022, waning by -5.2% against the previous year. Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.0% against 2020 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in South Africa

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 45% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports from South Africa

Exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from South Africa expanded to X tons in 2022, surging by 4.2% compared with 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 256%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $X in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 228% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons), the UK (X tons) and Poland (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from South Africa, together accounting for 45% of total exports. Zimbabwe, Zambia, the United States, Lithuania, France, Germany and the Netherlands lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Zambia (with a CAGR of +133.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from South Africa were Spain ($X), Zambia ($X) and Zimbabwe ($X), together accounting for 46% of total exports.

In terms of the main countries of destination, Zambia, with a CAGR of +132.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, rising by 18% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United States ($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 Lithuania (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports into South Africa

Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning into South Africa fell notably to X tons in 2022, waning by -16.8% on the previous year. Over the period under review, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning dropped to $X in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to South Africa, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +25.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to South Africa were China ($X), South Korea ($X) and Taiwan (Chinese) ($X), together comprising 80% of total imports.

In terms of the main suppliers, China, with a CAGR of +22.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, with an increase of 3.5% against the previous year. In general, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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