SADC: Textile Wadding Market 2024

Textile Wadding Market Size in SADC

The SADC textile wadding market shrank to $X in 2022, approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Textile Wadding Production in SADC

In value terms, textile wadding production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Textile Wadding Exports

Exports in SADC

In 2022, after three years of growth, there was significant decline in overseas shipments of wadding of textile materials and articles thereof, when their volume decreased by X% to X tons. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then shrank in the following year.

In value terms, textile wadding exports dropped to $X in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of wadding of textile materials and articles thereof, creating X% of total exports. It was distantly followed by Tanzania (X tons), generating a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest textile wadding supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

In South Africa, textile wadding exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, reducing by X% against the previous year. Export price indicated a pronounced expansion 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. Based on 2022 figures, textile wadding export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Textile Wadding Imports

Imports in SADC

In 2022, purchases abroad of wadding of textile materials and articles thereof decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, textile wadding imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

South Africa (X tons) and Angola (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Madagascar (X tons), Zimbabwe (X tons), Mozambique (X tons) and Mauritius (X tons), together committing a X% share of total imports. Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading 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, South Africa ($X) constitutes the largest market for imported wadding of textile materials and articles thereof in SADC, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total imports. It was followed by Madagascar, with an X% share.

In South Africa, textile wadding imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Madagascar (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Zimbabwe ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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