Africa: Machine-Made Lace Market 2020

Machine-Made Lace Market Size in Africa

The revenue of the machine-made lace market in Africa amounted to $X in 2017, surging 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 total market indicated a measured 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 machine-made lace consumption increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2015, when market value increased by X% y-o-y. The level of machine-made lace consumption peaked in 2017, and is likely to see steady growth in the near future.

Machine-Made Lace Exports in Africa

In 2017, the amount of machine-made lace in the piece exported in Africa amounted to X tons, coming down by -X% against the previous year. The machine-made lace exports continue to indicate a mild growth. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. In that year, the machine-made lace exports reached their peak volume of X tons. From 2013 to 2017, growth of the machine-made lace exports failed to regain its momentum.

In value terms, machine-made lace exports amounted to $X in 2017. The machine-made lace exports continue to indicate a significant setback. Over the period under review, the machine-made lace exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Machine-Made Lace Exports by Country in Africa

Morocco was the major exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Egypt (X tons), Tunisia (X tons) and South Africa (X tons), together making up X% share of total exports. Tanzania (X tons) and Mauritius (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to machine-made lace exports from Morocco stood at +X%. At the same time, Tanzania (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Egypt (-X%), Tunisia (-X%) and Mauritius (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Tunisia, Egypt and Mauritius increased by X%, X% and X% percentage points, while South Africa (-X%), Tanzania (-X%) and Morocco (-X%) saw their share reduced.

In value terms, Morocco ($X), Tunisia ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports.

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

Machine-Made Lace Export Prices by Country in Africa

In 2017, the machine-made lace export price in Africa amounted to $X per kg, coming down by -X% against the previous year. The machine-made lace export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The level of export price peaked of $X per kg in 2009; however, from 2010 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 Tunisia ($X per kg), while Tanzania ($X per ton) 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 more modest paces of growth.

Machine-Made Lace Imports in Africa

In 2017, machine-made lace imports in Africa totaled X tons, reducing by -X% against the previous year. The machine-made lace imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when imports increased by X% y-o-y. In that year, the machine-made lace imports attained their peak volume of X tons. From 2013 to 2017, growth of the machine-made lace imports stood at a somewhat lower level.

In value terms, machine-made lace imports amounted to $X in 2017. The machine-made lace imports continue to indicate a mild setback. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Machine-Made Lace Imports by Country in Africa

In 2017, Egypt (X tons), distantly followed by Nigeria (X tons), Algeria (X tons), Senegal (X tons), Libya (X tons), Morocco (X tons), Tanzania (X tons) and Kenya (X tons) were the major importers of machine-made lace in the piece, together constituting X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Libya (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Nigeria ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Tanzania, Senegal, Algeria, Libya and Kenya, which together accounted for a further X%.

Among the main importing countries , Libya (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Machine-Made Lace Import Prices by Country in Africa

In 2017, the machine-made lace import price in Africa amounted to $X per kg, waning by -X% against the previous year. The machine-made lace import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. In that year, the import prices for machine-made lace in the piece reached their peak level of $X per kg. From 2015 to 2017, growth of the import prices for machine-made lace in the piece 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 Morocco ($X per kg), while Kenya ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform