South Africa - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMen Knitwear Price in South Africa - 2023
Contents:
- Men Knitwear Price in South Africa (CIF) - 2023
- Men Knitwear Price in South Africa (FOB) - 2023
- Men Knitwear Imports in South Africa
- Men Knitwear Exports in South Africa
Men Knitwear Price in South Africa (CIF) - 2023
In July 2023, the average men knitwear import price amounted to $3.8 per unit, reducing by -8.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 40% month-to-month. As a result, import price reached the peak level of $6.0 per unit. From October 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mauritius ($7.6 per unit), while the price for China ($2.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Lesotho (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Men Knitwear Price in South Africa (FOB) - 2023
In July 2023, the average men knitwear export price amounted to $6.5 per unit, falling by -21.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 26% m-o-m. The export price peaked at $9.4 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Zambia ($13.3 per unit), while the average price for exports to Lesotho ($4.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Men Knitwear Imports in South Africa
Men knitwear imports into South Africa declined modestly to 22M units in 2022, shrinking by -1.7% against the previous year. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Imports peaked at 29M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, men knitwear imports reached $86M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Men Knitwear in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.5 | 30.9 | 45.0 | 48.3 | 2.8% |
| Madagascar | 1.3 | 1.9 | 5.5 | 10.7 | 101.9% |
| Lesotho | 7.7 | 4.3 | 6.0 | 5.8 | -9.0% |
| Bangladesh | 1.5 | 1.6 | 4.8 | 3.2 | 28.7% |
| Swaziland | 2.2 | 2.0 | 3.3 | 3.0 | 10.9% |
| India | 1.6 | 1.5 | 2.8 | 1.6 | 0.0% |
| Others | 12.4 | 8.5 | 11.4 | 13.5 | 2.9% |
| Total | 71.3 | 50.6 | 78.9 | 86.1 | 6.5% |
Top Suppliers of Men Knitwear to South Africa in 2022:
- China (15.3M units)
- Madagascar (1.8M units)
- Lesotho (1.6M units)
- Bangladesh (1.0M units)
- Swaziland (0.7M units)
- India (0.4M units)
Men Knitwear Exports in South Africa
In 2022, exports of men's or boys' clothing (knitted or crocheted) from South Africa dropped to 4M units, approximately mirroring the previous year. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 4M units, leveling off in the following year.
In value terms, men knitwear exports stood at $32M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Men Knitwear in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 9.2 | 6.8 | 10.3 | 10.5 | 4.5% |
| Botswana | 8.1 | 5.6 | 10.0 | 9.5 | 5.5% |
| Swaziland | 2.4 | 2.2 | 3.4 | 3.7 | 15.5% |
| Lesotho | 2.6 | 2.2 | 2.9 | 2.8 | 2.5% |
| Zambia | 1.3 | 0.7 | 0.9 | 1.0 | -8.4% |
| Angola | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
| Mozambique | 1.6 | 1.2 | 1.2 | 0.7 | -24.1% |
| Others | 3.6 | 2.5 | 2.4 | 2.6 | -10.3% |
| Total | 28.9 | 21.2 | 31.4 | 31.7 | 3.1% |
Top Export Markets for Men Knitwear from South Africa in 2022:
- Namibia (1498.0K units)
- Botswana (1001.3K units)
- Lesotho (560.5K units)
- Swaziland (487.7K units)
- Zambia (110.4K units)
- Angola (75.6K units)
- Mozambique (63.8K units)
This report provides an in-depth analysis of the men knitwear market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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