Africa: Hand-Made Lace Market Overview 2021

Hand-Made Lace Market Size in Africa

The African hand-made lace market shrank remarkably to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption, however, recorded a abrupt slump. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

Hand-Made Lace Production in Africa

In value terms, hand-made lace production reduced to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2011 to 2019, production growth failed to regain the momentum.

Production By Country in Africa

The countries with the highest volumes of hand-made lace production in 2019 were Morocco (X tonnes), Ghana (X tonnes) and Egypt (X tonnes), with a combined X% share of total production. Democratic Republic of the Congo lagged somewhat behind, comprising a further X 2007 to 2019, the most notable rate of growth in terms of hand-made lace production, amongst the leading producing countries, was attained by Democratic Republic of the Congo, while hand-made lace production for the other leaders experienced more modest paces of growth.

Hand-Made Lace Exports

Exports in Africa

After two years of decline, overseas shipments of hand-made lace in the piece, in strips or in motifs increased by X% to X tonnes in 2019. Over the period under review, exports showed a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hand-made lace exports skyrocketed to $X in 2019. In general, exports posted a buoyant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Morocco was the main exporter of hand-made lace in the piece, in strips or in motifs in Africa, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2019. It was distantly followed by Ghana (X tonnes), generating a X% share of total exports. Egypt (X tonnes) and South Africa (X tonnes) held a little share of total exports.

From 2007 to 2019, the biggest increases were in Ghana (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-made lace supplying countries in Africa were Morocco ($X), Ghana ($X) and South Africa ($X), together comprising X% of total exports.

Ghana saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the hand-made lace export price in Africa amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2018, and then shrank sharply in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per tonne), while Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Hand-Made Lace Imports

Imports in Africa

In 2019, the amount of hand-made lace in the piece, in strips or in motifs imported in Africa soared to X tonnes, rising by X% on 2018. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, hand-made lace imports reduced rapidly to $X in 2019. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

Tanzania represented the largest importer of hand-made lace in the piece, in strips or in motifs in Africa, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Cote d'Ivoire (X tonnes), Nigeria (X tonnes) and Algeria (X tonnes), together committing a X% share of total imports. Tunisia (X tonnes), Libya (X tonnes), Comoros (X tonnes), South Africa (X tonnes), Burundi (X tonnes) and Madagascar (X tonnes) followed a long way behind the leaders.

Imports into Tanzania increased at an average annual rate of +X% from 2007 to 2019. At the same time, Tunisia (+X%), Cote d'Ivoire (+X%), Comoros (+X%), Madagascar (+X%) and Burundi (+X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2019. By contrast, South Africa (-X%), Algeria (-X%), Nigeria (-X%) and Libya (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Tanzania, Cote d'Ivoire, Tunisia and Comoros increased by +X%, +X%, +X% and +X% percentage points, while Algeria (-X p.p.), Nigeria (-X p.p.) and Libya (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Tunisia ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

In terms of the main importing countries, Cote d'Ivoire recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The hand-made lace import price in Africa stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the import price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Tunisia ($X per tonne), while Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Nigeria, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand-made lace in the piece, in strips or in motifs in Africa?

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The country with the largest volume of hand-made lace consumption was Tanzania (211 tonnes), accounting for 44% of total volume. Moreover, hand-made lace consumption in Tanzania exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire (88 tonnes), twofold. Nigeria (42 tonnes) ranked third in terms of total consumption with a 8.9% share.

What are the largest producers of hand-made lace in the piece, in strips or in motifs in Africa?

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The countries with the highest volumes of hand-made lace production in 2019 were Morocco (41 tonnes), Ghana (34 tonnes) and Egypt (4 tonnes), with a combined 93% share of total production. Democratic Republic of the Congo lagged somewhat behind, accounting for a further 2.7%.

What are the leading exporters of hand-made lace in the piece, in strips or in motifs in Africa?

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In value terms, Morocco ($93K), Ghana ($90K) and South Africa ($19K) appeared to be the countries with the highest levels of exports in 2019, together comprising 86% of total exports.

What are the leading importers of hand-made lace in the piece, in strips or in motifs in Africa?

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In value terms, the largest hand-made lace importing markets in Africa were Nigeria ($343K), Tunisia ($270K) and Cote d'Ivoire ($209K), with a combined 55% share of total imports.

What is the average export price for hand-made lace in the piece, in strips or in motifs in Africa?

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In 2019, the hand-made lace export price in Africa amounted to $3,264 per tonne, with a decrease of -70.5% against the previous year.

What is the average import price for hand-made lace in the piece, in strips or in motifs in Africa?

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In 2019, the hand-made lace import price in Africa amounted to $3,212 per tonne, dropping by -70.2% against the previous year.