Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $3,959 per ton, falling by -13% against the previous year. In general, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. The import price peaked at $5,369 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($4,514 per ton), while the price for China amounted to $3,308 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $4,225 per ton in 2022, declining by -13% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 32%. The export price peaked at $10,465 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($24,474 per ton), while the average price for exports to Swaziland ($3,671 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 Namibia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa
In 2022, purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds increased by 71% to 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three 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.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $4.9M in 2022. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 1.3 | 1.8 | 2.8 | 3.8% |
| Thailand | 0.4 | 0.9 | 1.0 | 1.7 | 62.0% |
| Others | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
| Total | 3.0 | 2.4 | 3.3 | 4.9 | 17.8% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to South Africa in 2022:
- China (845.8 tons)
- Thailand (373.8 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, when their volume increased by 398% to 240 tons. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $1M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 23.1 | 8.2 | 28.9 | 632 | 201.3% |
| Lesotho | 263 | 229 | 205 | 341 | 9.0% |
| Botswana | N/A | 0.4 | 0.1 | 31.3 | 784.6% |
| Others | 26.7 | 0.9 | N/A | 9.5 | -29.1% |
| Total | 313 | 238 | 234 | 1,014 | 48.0% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from South Africa in 2022:
- Swaziland (172.2 tons)
- Lesotho (62.9 tons)
- Botswana (3.9 tons)
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