Africa: Knitted Gloves Market 2020

Knitted Gloves Market Size in Africa

The revenue of the knitted gloves market in Africa amounted to $X in 2017, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The knitted gloves consumption continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the knitted gloves market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Gloves Exports in Africa

In 2017, approx. X units of gloves, mittens and mitts of knitted or crocheted textiles were exported in Africa; picking up by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: its volume 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 knitted gloves exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012, when exports increased by X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, knitted gloves exports totaled $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. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Knitted Gloves Exports by Country in Africa

South Africa represented the main exporting country with an export of around X units, which resulted at X% of total exports. Tunisia (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Morocco (X%). Mauritius (X units) and Sierra Leone (X units) held the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to knitted gloves exports from South Africa stood at +X%. At the same time, Tunisia (+X%) and Sierra Leone (+X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Mauritius experienced a relatively flat trend pattern. By contrast, Morocco (-X%) illustrated a downward trend over the same period. Tunisia (-X%) and South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitted gloves markets worldwide were South Africa ($X), Morocco ($X) and Tunisia ($X), together comprising X% of total exports.

South Africa (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Gloves Export Prices by Country in Africa

The knitted gloves export price in Africa stood at $X per unit in 2017, reducing by -X% against the previous year. The knitted gloves export price continues to indicate a drastic decrease. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for gloves, mittens and mitts of knitted or crocheted textiles reached its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Morocco ($X per unit), while South Africa ($X per thousand units) was amongst the lowest.

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

Knitted Gloves Imports in Africa

In 2017, approx. X units of gloves, mittens and mitts of knitted or crocheted textiles were imported in Africa; increasing by X% against the previous year. The knitted gloves imports continue to indicate a prominent increase. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the knitted gloves imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, knitted gloves imports amounted to $X in 2017. The knitted gloves imports continue to indicate a remarkable increase. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Knitted Gloves Imports by Country in Africa

South Africa was the key importing country with an import of about X units, which amounted to X% of total imports. Algeria (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Morocco (X%) and Nigeria (X%). The following importers - Egypt (X units), Ghana (X units), Namibia (X units), Angola (X units) and Cameroon (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to knitted gloves imports into South Africa stood at +X%. At the same time, Cameroon (+X%), Ghana (+X%), Morocco (+X%), Egypt (+X%), Angola (+X%), Nigeria (+X%), Algeria (+X%) and Namibia (+X%) displayed positive paces of growth. Moreover, Cameroon emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. While the share of Cameroon (-X%), Ghana (-X%), Egypt (-X%), Nigeria (-X%), Algeria (-X%), Morocco (-X%) and South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported gloves, mittens and mitts of knitted or crocheted textiles in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (+X% per year) and Egypt (+X% per year).

Knitted Gloves Import Prices by Country in Africa

The knitted gloves import price in Africa stood at $X per thousand units in 2017, declining by -X% against the previous year. The knitted gloves import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, an increase of X% against the previous year. The level of import price peaked of $X per thousand units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Egypt ($X per unit), while South Africa ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform