SADC: Sisal Binder Market 2024

Sisal Binder Market Size in SADC

In 2022, the SADC sisal binder market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, recorded a buoyant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sisal Binder Production in SADC

In value terms, sisal binder production reached $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Sisal Binder Exports

Exports in SADC

In 2022, shipments abroad of sisal binder or baler (agricultural) twines increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, recorded a deep downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sisal binder exports totaled $X in 2022. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania represented the major exporter of sisal binder or baler (agricultural) twines in SADC, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Madagascar (X tons) took the second position in the ranking, distantly followed by South Africa (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by South Africa (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Tanzania ($X), Madagascar ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

South Africa, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with a decrease of X% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (X%), while the other leaders experienced mixed trends in the export price figures.

Sisal Binder Imports

Imports in SADC

In 2022, imports of sisal binder or baler (agricultural) twines in SADC fell to X tons, which is down by X% on the previous year. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sisal binder imports fell modestly to $X in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Botswana (X tons), Namibia (X tons), Zambia (X tons), Madagascar (X tons), Swaziland (X tons), Mozambique (X tons) and Angola (X tons) were the largest importers of sisal binder or baler (agricultural) twines, together achieving X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Madagascar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sisal binder importing markets in SADC were Botswana ($X), South Africa ($X) and Zambia ($X), together comprising X% of total imports. Namibia, Madagascar, Angola, Swaziland and Mozambique lagged somewhat behind, together accounting for a further X%.

Madagascar, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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