South Africa: Man-Made Filament Yarn Market 2025

Man-Made Filament Yarn Market Size in South Africa

The South African man-made filament yarn market surged to $X in 2021, with an increase of 90% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a noticeable expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Man-Made Filament Yarn Exports

Exports from South Africa

In 2021, shipments abroad of man-made filament yarn increased by 252% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, man-made filament yarn exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for man-made filament yarn exports from South Africa, accounting for a 73% share of total exports. Moreover, man-made filament yarn exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), sevenfold. The third position in this ranking was taken by Mauritius (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+29.1% per year) and Mauritius (+39.1% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for man-made filament yarn exports from South Africa, comprising 58% of total exports. The second position in the ranking was taken by Mauritius ($X), with a 15% share of total exports. It was followed by Namibia, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (+32.2% per year) and Namibia (-2.3% per year).

Export Prices by Country

In 2021, the average man-made filament yarn export price amounted to $X per ton, with a decrease of -43.7% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 60%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Germany ($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 Botswana (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports into South Africa

In 2021, the amount of man-made filament yarn imported into South Africa skyrocketed to X tons, increasing by 88% against the previous year's figure. Overall, imports showed perceptible growth. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, man-made filament yarn imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest man-made filament yarn supplier to South Africa, accounting for a 78% share of total imports. Moreover, man-made filament yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. The third position in this ranking was taken by Egypt (X tons), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.9% per year) and Egypt (+11.7% per year).

In value terms, China ($X) constituted the largest supplier of man-made filament yarn to South Africa, comprising 72% of total imports. The second position in the ranking was held by Egypt ($X), with an 11% share of total imports. It was followed by India, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+10.9% per year) and India (-6.0% per year).

Import Prices by Country

In 2021, the average man-made filament yarn import price amounted to $X per ton, picking up by 5.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 34%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+47.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :