South Africa - Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Filament Tow Price in South Africa - 2023
Contents:
- Synthetic Filament Tow Price in South Africa (FOB) - 2023
- Synthetic Filament Tow Price in South Africa (CIF) - 2023
- Synthetic Filament Tow Exports in South Africa
- Synthetic Filament Tow Imports in South Africa
Synthetic Filament Tow Price in South Africa (FOB) - 2023
In September 2023, the average synthetic filament tow export price amounted to $1,475 per ton, remaining stable against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 41% m-o-m. As a result, the export price attained the peak level of $2,283 per ton. From November 2022 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($2,444 per ton), while the average price for exports to China ($403 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Price in South Africa (CIF) - 2023
In September 2023, the average synthetic filament tow import price amounted to $2,314 per ton, which is down by -22.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 122% m-o-m. As a result, import price attained the peak level of $4,716 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($10,981 per ton), while the price for India ($1,162 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Filament Tow Exports in South Africa
After three years of growth, overseas shipments of synthetic filament tow and staple fibers, not carded or combed decreased by -0.4% to 37K tons in 2022. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 37K tons, leveling off in the following year.
In value terms, synthetic filament tow exports totaled $63M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Filament Tow in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 13.6 | 15.9 | 21.0 | 16.2 | 6.0% |
| Kenya | 5.3 | 3.9 | 4.6 | 5.9 | 3.6% |
| Zambia | 2.2 | 0.7 | 2.3 | 5.8 | 38.1% |
| Spain | 0.1 | N/A | 0.6 | 5.0 | 268.4% |
| Angola | 1.9 | 0.1 | 2.6 | 4.6 | 34.3% |
| Zimbabwe | 0.6 | 1.2 | 2.9 | 3.3 | 76.5% |
| Netherlands | 3.3 | 2.0 | 1.0 | 2.8 | -5.3% |
| United Kingdom | 3.7 | 1.8 | 1.7 | 2.1 | -17.2% |
| Lithuania | N/A | N/A | 0.8 | 1.6 | 100.0% |
| Belgium | 1.0 | 0.8 | 1.6 | 1.6 | 17.0% |
| Poland | 1.6 | 1.5 | 2.6 | 1.0 | -14.5% |
| France | 0.2 | 0.5 | 0.4 | 1.0 | 71.0% |
| United States | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Others | 15.6 | 16.0 | 18.4 | 11.7 | -9.1% |
| Total | 49.4 | 44.8 | 60.8 | 62.8 | 8.3% |
Top Export Markets for Synthetic Filament Tow from South Africa in 2022:
- Mozambique (7.0K tons)
- Spain (4.1K tons)
- United Kingdom (3.2K tons)
- Zambia (3.2K tons)
- Poland (2.3K tons)
- Zimbabwe (2.3K tons)
- Angola (2.1K tons)
- Kenya (2.1K tons)
- United States (1.3K tons)
- Lithuania (1.3K tons)
- France (1.1K tons)
- Netherlands (1.0K tons)
- Belgium (1.0K tons)
Synthetic Filament Tow Imports in South Africa
In 2022, the amount of synthetic filament tow and staple fibers, not carded or combed imported into South Africa shrank to 13K tons, dropping by -10.5% on 2021. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 1% against the previous year.
In value terms, synthetic filament tow imports expanded significantly to $36M in 2022. Overall, imports showed a abrupt contraction.
| Import of Synthetic Filament Tow in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 6.6 | 6.2 | 9.8 | 4.9% |
| Japan | 8.7 | 8.6 | 5.3 | 9.0 | 1.1% |
| South Korea | 7.7 | 6.0 | 6.4 | 4.3 | -17.7% |
| Turkey | 6.4 | 5.8 | 5.5 | 2.7 | -25.0% |
| Taiwan (Chinese) | 3.0 | 2.1 | 3.0 | 1.4 | -22.4% |
| India | 1.9 | 0.7 | 1.2 | 1.4 | -9.7% |
| Belgium | 1.0 | 0.8 | 0.8 | 1.3 | 9.1% |
| Portugal | 1.7 | 1.1 | 1.0 | 0.6 | -29.3% |
| Others | 3.8 | 3.4 | 3.6 | 5.8 | 15.1% |
| Total | 42.6 | 35.0 | 33.0 | 36.2 | -5.3% |
Top Suppliers of Synthetic Filament Tow to South Africa in 2022:
- China (4.5K tons)
- South Korea (2.9K tons)
- Japan (1.1K tons)
- Taiwan (Chinese) (1.0K tons)
- India (0.9K tons)
- Turkey (0.7K tons)
- Belgium (0.6K tons)
- Portugal (0.2K tons)
This report provides an in-depth analysis of the synthetic filament tow market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
- Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
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In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
193
In November 2022, Synthetic Filament Tow experienced the largest growth rate of 45% month-over-month. However, in October 2023, the exports of Synthetic Filament Tow saw a significant decline, with a value of $4.2M.
106
Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.
1165
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
1158
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
