Tunisia: Twine And Cordage Market 2024

Twine And Cordage Market Size in Tunisia

In 2022, after two years of decline, there was significant decline in the Tunisian twine and cordage market, when its value decreased by X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Twine And Cordage Production in Tunisia

In value terms, twine and cordage production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Twine And Cordage Exports

Exports from Tunisia

In 2022, overseas shipments of twine, cordage, rope and cables decreased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, twine and cordage exports fell dramatically to $X in 2022. Overall, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), the UK (X tons) and Italy (X tons) were the main destinations of twine and cordage exports from Tunisia, together comprising X% of total exports. Algeria, Ireland, Libya and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Ireland ($X) and Spain ($X) were the largest markets for twine and cordage exported from Tunisia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average twine and cordage export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the UK ($X 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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Twine And Cordage Imports

Imports into Tunisia

After two years of decline, purchases abroad of twine, cordage, rope and cables decreased by X% to X tons in 2022. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, twine and cordage imports reduced slightly to $X in 2022. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Portugal (X tons), France (X tons) and Turkey (X tons) were the main suppliers of twine and cordage imports to Tunisia, together accounting for X% of total imports.

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

In value terms, France ($X), Portugal ($X) and China ($X) were the largest twine and cordage suppliers to Tunisia, together comprising X% of total imports.

In terms of the main suppliers, Portugal, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average twine and cordage import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate modest growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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