SADC: T-Shirt Market 2024

T-Shirt Market Size in SADC

The SADC t-shirt market dropped remarkably to $X in 2022, shrinking by X% against the previous year. In general, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

T-Shirt Production in SADC

In value terms, t-shirt production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild descent. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

T-Shirt Exports

Exports in SADC

In 2022, shipments abroad of t-shirts increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, t-shirt exports fell slightly to $X in 2022. Overall, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritius represented the major exporter of t-shirts in SADC, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Madagascar (X units), achieving an X% share of total exports. The following exporters - Swaziland (X units), Lesotho (X units), South Africa (X units) and Tanzania (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to t-shirt exports from Mauritius stood at X%. At the same time, Swaziland (X%), Madagascar (X%), Tanzania (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Madagascar and Swaziland increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mauritius ($X) remains the largest t-shirt supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Madagascar ($X), with an X% share of total exports. It was followed by Lesotho, with a X% share.

In Mauritius, t-shirt exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Madagascar (X% per year) and Lesotho (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while Mauritius ($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 a decline in the export price figures.

T-Shirt Imports

Imports in SADC

T-shirt imports declined markedly to X units in 2022, waning by X% compared with the previous year's figure. Overall, imports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then contracted rapidly in the following year.

In value terms, t-shirt imports fell to $X in 2022. Over the period under review, imports recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa represented the main importer of t-shirts in SADC, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Tanzania (X units), constituting a X% share of total imports. The following importers - Angola (X units), Namibia (X units), Mauritius (X units) and Mozambique (X units) - each amounted to an X% share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of t-shirts. At the same time, Tanzania (X%), Mauritius (X%), Mozambique (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (X p.p.) and 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 ($X) constitutes the largest market for imported t-shirts in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.

In South Africa, t-shirt imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Mauritius (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Mauritius ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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