SADC: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in SADC

The SADC knitted shawl and scarf market reduced rapidly to $X in 2022, waning by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then contracted significantly in the following year.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in SADC

In value terms, knitted shawl and scarf production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports in SADC

In 2022, overseas shipments of shawls, scarves and the like of knitted or crocheted textiles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, knitted shawl and scarf exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X units) was the main exporter of shawls, scarves and the like of knitted or crocheted textiles, committing X% of total exports. It was distantly followed by Madagascar (X units) and Mauritius (X units), together creating a X% share of total exports.

South Africa was also the fastest-growing in terms of the shawls, scarves and the like of knitted or crocheted textiles exports, with a CAGR of X% from 2012 to 2022. Madagascar (X%) and Mauritius (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Madagascar and Mauritius saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Madagascar ($X) remains the largest knitted shawl and scarf supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price posted a noticeable increase. The level of export peaked at $X per unit in 2017; however, from 2018 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 Madagascar ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (X%), while the other leaders experienced a decline in the export price figures.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports in SADC

In 2022, overseas purchases of shawls, scarves and the like of knitted or crocheted textiles decreased by X% to X units, falling for the fifth year in a row after three years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, knitted shawl and scarf imports shrank to $X in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

South Africa was the largest importing country with an import of around X units, which finished at X% of total imports. It was distantly followed by Mauritius (X units), Tanzania (X units) and Swaziland (X units), together mixing up a X% share of total imports. Angola (X units), Namibia (X units) and Botswana (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%), Swaziland (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Namibia (X%) and Botswana (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Tanzania (X p.p.), Swaziland (X p.p.) and Angola (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported shawls, scarves and the like of knitted or crocheted textiles in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

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

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2020 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

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 Angola ($X per unit), while Swaziland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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