Africa: Tyre Cord Fabric Market 2020

Tyre Cord Fabric Market Size in Africa

The revenue of the tyre cord fabric market in Africa amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tyre cord fabric consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. The level of tyre cord fabric consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Tyre Cord Fabric Production in Africa

In 2017, tyre cord fabric production in Africa stood at X square meters, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. Over the period under review, the tyre cord fabric production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Tyre Cord Fabric Exports in Africa

The exports amounted to X square meters in 2017, picking up by X% against the previous year. The tyre cord fabric exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when exports increased by X% y-o-y. Over the period under review, the tyre cord fabric exports reached its peak figure volume of X square meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, tyre cord fabric exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the tyre cord fabric exports reached their peak level of $X. From 2015 to 2017, growth of the tyre cord fabric exports stood at a somewhat lower level.

Tyre Cord Fabric Exports by Country in Africa

Egypt prevails in tyre cord fabric exports structure, amounting to X square meters, which was approx. X% of total exports in 2017. The following exporters - South Africa (X square meters) and Namibia (X square meters) each reached a X% share of total exports.

Egypt experienced a relatively flat trend pattern of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon exports. At the same time, Namibia (+X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, South Africa (-X%) illustrated a downward trend over the same period. South Africa (X%) significantly strengthened its position in terms of the global exports, while Namibia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest tyre cord fabric supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Namibia, with a X% share.

In Egypt, tyre cord fabric exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Namibia (+X% per year).

Tyre Cord Fabric Export Prices by Country in Africa

The tyre cord fabric export price in Africa stood at $X per thousand square meters in 2017, flattening at the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% y-o-y. The level of export price peaked of $X per thousand square meters in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per thousand square meters), while Namibia ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Tyre Cord Fabric Imports in Africa

In 2017, approx. X square meters of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon were imported in Africa; leveling off at the previous year. The tyre cord fabric imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. The volume of imports peaked of X square meters in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, tyre cord fabric imports totaled $X in 2017. The tyre cord fabric imports continue to indicate a deep shrinkage. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Tyre Cord Fabric Imports by Country in Africa

South Africa prevails in tyre cord fabric imports structure, resulting at X square meters, which was approx. X% of total imports in 2017. It was distantly followed by Ethiopia (X square meters), making up X% share of total imports. Kenya (X square meters), Tunisia (X square meters), Egypt (X square meters) and Sudan (X square meters) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern of tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon imports. At the same time, Sudan (+X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Ethiopia experienced a relatively flat trend pattern. By contrast, Egypt (-X%), Kenya (-X%) and Tunisia (-X%) illustrated a downward trend over the same period. While the share of Tunisia (X%) and Kenya (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon in Africa, making up X% of global imports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global imports. It was followed by Kenya, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa totaled -X%. In the other countries, the average annual rates were as follows: Ethiopia (-X% per year) and Kenya (-X% per year).

Tyre Cord Fabric Import Prices by Country in Africa

In 2017, the tyre cord fabric import price in Africa amounted to $X per thousand square meters, shrinking by -X% against the previous year. The tyre cord fabric import price continues to indicate a significant deduction. The pace of growth was the most pronounced in 2009, an increase of X% y-o-y. Over the period under review, the import prices for tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon attained its peak figure level of $X per thousand square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Tunisia ($X per thousand square meters), while Ethiopia ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sudan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform