Africa: Sewing Thread Market 2024

Sewing Thread Market Size in Africa

The African sewing thread market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Sewing Thread Production in Africa

In value terms, sewing thread production amounted to $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 indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sewing Thread Exports

Exports in Africa

Sewing thread exports stood at X tons in 2022, remaining stable against the previous year. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sewing thread exports contracted to $X in 2022. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Egypt prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritius (X tons), South Africa (X tons) and Tunisia (X tons), together comprising a X% share of total exports. Morocco (X tons) and Rwanda (X tons) followed a long way behind the leaders.

Exports from Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Rwanda (X%), Morocco (X%), Tunisia (X%), Mauritius (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Egypt (X p.p.), Rwanda (X p.p.) and Morocco (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, Egypt ($X) remains the largest sewing thread supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2021, and then dropped in the following year.

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 Egypt ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

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

Sewing Thread Imports

Imports in Africa

In 2022, supplies from abroad of sewing thread of man-made filaments or staple fibers decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports saw a slight curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sewing thread imports contracted to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons), Morocco (X tons), Ghana (X tons), Tunisia (X tons), Tanzania (X tons), Ethiopia (X tons), Kenya (X tons), Zambia (X tons), Madagascar (X tons), South Africa (X tons), Angola (X tons) and Togo (X tons) represented the main importer of sewing thread of man-made filaments or staple fibers in Africa, making up X% of total import. Burkina Faso (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Morocco ($X) and Madagascar ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Ghana, Kenya, Ethiopia, Tanzania, South Africa, Nigeria, Angola, Zambia, Togo and Burkina Faso lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Togo, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Africa amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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