SADC: Woven Carpet Market 2024

Woven Carpet Market Size in SADC

The SADC woven carpet market shrank dramatically to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then declined markedly in the following year.

Woven Carpet Production in SADC

In value terms, woven carpet production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Woven Carpet Exports

Exports in SADC

Woven carpet exports declined rapidly to X square meters in 2022, dropping by X% against the previous year. In general, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, woven carpet exports fell dramatically to $X in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, reaching X square meters, which was approx. X% of total exports in 2022. The following exporters - Angola (X square meters) and Swaziland (X square meters) - together made up X% of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Swaziland experienced a relatively flat trend pattern. While the share of Angola (X p.p.) increased significantly in terms of the total exports 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 ($X) remains the largest woven carpet supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports.

In South Africa, woven carpet exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in SADC stood at $X per square meter in 2022, dropping by X% against the previous year. Overall, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per square meter), while Swaziland ($X per square meter) 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.

Woven Carpet Imports

Imports in SADC

In 2022, overseas purchases of woven carpets and other woven textile coverings decreased by X% to X square meters, falling for the third year in a row after three years of growth. Over the period under review, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, woven carpet imports shrank dramatically to $X in 2022. Overall, imports recorded a mild setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

South Africa dominates imports structure, amounting to X square meters, which was near X% of total imports in 2022. The following importers - Angola (X square meters), Mauritius (X square meters), Tanzania (X square meters), Botswana (X square meters), Namibia (X square meters) and Madagascar (X square meters) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Madagascar (X%), Mauritius (X%), Tanzania (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Botswana 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. From 2012 to 2022, the share of Mauritius, Botswana and Tanzania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported woven carpets and other woven textile coverings in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

In South Africa, woven carpet imports contracted 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: Angola (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per square meter in 2022, jumping by X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price 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, woven carpet import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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