Africa: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Africa

The African cotton embroidery market expanded significantly to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Cotton Embroidery Production in Africa

In value terms, cotton embroidery production rose rapidly to $X in 2022 estimated in export price. The total production indicated a measured increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded 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 lower figure.

Cotton Embroidery Exports

Exports in Africa

In 2022, cotton embroidery exports in Africa surged to X tons, increasing by X% compared with the year before. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cotton embroidery exports dropped to $X in 2022. In general, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Rwanda (X tons) represented the major exporter of cotton embroidery in the piece, achieving X% of total exports. It was distantly followed by South Africa (X tons), generating a X% share of total exports. Tanzania (X tons) and Morocco (X tons) held a minor share of total exports.

Rwanda was also the fastest-growing in terms of the cotton embroidery in the piece exports, with a CAGR of X% from 2012 to 2022. At the same time, Tanzania (X%) and Morocco (X%) displayed positive paces of growth. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Rwanda, Tanzania and Morocco increased by X, X and X percentage points, respectively.

In value terms, Morocco ($X), South Africa ($X) and Rwanda ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Rwanda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 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 Morocco ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

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

Cotton Embroidery Imports

Imports in Africa

In 2022, approx. X tons of cotton embroidery in the piece were imported in Africa; with an increase of X% against 2021 figures. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, cotton embroidery imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Senegal represented the largest importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Gambia (X tons), committing a X% share of total imports. The following importers - Morocco (X tons) and Ghana (X tons) - each resulted at an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cotton embroidery imports into Senegal stood at X%. At the same time, Ghana (X%), Morocco (X%) and Gambia (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of Senegal (X p.p.), Ghana (X p.p.) and Morocco (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Gambia (X p.p.) displayed negative dynamics.

In value terms, Gambia ($X) constitutes the largest market for imported cotton embroidery in the piece in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Ghana, with an X% share.

In Gambia, cotton embroidery imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Ghana (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Morocco ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :