SADC: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2024

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in SADC

In 2022, the SADC market for blankets and travelling rugs of synthetic fibres increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw tangible growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in SADC

In value terms, travelling rugs of synthetic fibre production rose sharply to $X in 2022 estimated in export price. Overall, production posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports in SADC

Travelling rugs of synthetic fibre exports dropped significantly to X units in 2022, falling by X% compared with 2021. In general, exports showed a noticeable descent. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre exports declined modestly to $X in 2022. Over the period under review, exports showed a noticeable setback. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of blankets and travelling rugs of synthetic fibres, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the blankets and travelling rugs of synthetic fibres exports, with a CAGR of X% from 2012 to 2022. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest travelling rugs of synthetic fibre supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports in SADC

In 2022, the amount of blankets and travelling rugs of synthetic fibres imported in SADC shrank slightly to X units, falling by X% compared with the previous year's figure. Total imports indicated a notable expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, travelling rugs of synthetic fibre imports reduced to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Tanzania (X units) and South Africa (X units) prevails in imports structure, together comprising X% of total imports. Zambia (X units), Namibia (X units), Mozambique (X units), Angola (X units), Lesotho (X units) and Democratic Republic of the Congo (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported blankets and travelling rugs of synthetic fibres in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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