Africa: Textile Spinning Machine Market 2020

Textile Spinning Machine Market Size in Africa

The revenue of the textile spinning machine market in Africa amounted to $X in 2017, increasing by X% against the previous year. The textile spinning machine consumption continues to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. In that year, the textile spinning machine market attained their peak level, and is likely to continue its growth in the immediate term.

Textile Spinning Machine Production in Africa

The textile spinning machine production stood at X units in 2017, reducing by -X% against the previous year. The textile spinning machine production continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2009, when the output figure increased by X% y-o-y. In that year, the textile spinning machine production attained their peak volume of X units. From 2010 to 2017, growth of the textile spinning machine production stood at a somewhat lower level.

Textile Spinning Machine Exports in Africa

In 2017, textile spinning machine exports in Africa stood at X units, dropping by -X% against the previous year. The textile spinning machine exports continue to indicate a dramatic reduction. The most prominent rate of growth was recorded in 2010, when exports increased by -X% y-o-y. Over the period under review, the textile spinning machine exports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, textile spinning machine exports amounted to $X in 2017. The textile spinning machine exports continue to indicate a drastic setback. In that year, the textile spinning machine exports attained their peak level of $X. From 2014 to 2017, growth of the textile spinning machine exports failed to regain its momentum.

Textile Spinning Machine Exports by Country in Africa

In 2017, South Africa (X units) was the largest exporter for textile spinning machines, textile doubling, twisting, winding or reeling machines, achieving X% of total exports. Algeria (X units) occupied the second position in the ranking, distantly followed by Uganda (X units). All these countries together took near X% share of total exports. The following exporters - Tunisia (X units) and Madagascar (X units) each finished at a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to textile spinning machine exports from South Africa stood at +X%. At the same time, Algeria (+X%), Tunisia (+X%) and Madagascar (+X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Uganda (-X%) illustrated a downward trend over the same period. Uganda (X%) significantly strengthened its position in terms of the global exports, while Algeria and South Africa saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest textile spinning machine supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global exports. It was followed by Tunisia, with a X% share.

In South Africa, textile spinning machine exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Tunisia (-X% per year).

Textile Spinning Machine Export Prices by Country in Africa

The textile spinning machine export price in Africa stood at $X thousand per unit in 2017, coming up by X% against the previous year. The textile spinning machine export price continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% y-o-y. In that year, the export prices for textile spinning machines, textile doubling, twisting, winding or reeling machines attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X thousand per unit), while Uganda ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Algeria (+X% per year), while the other leaders experienced a decline in the export price figures.

Textile Spinning Machine Imports in Africa

In 2017, imports of textile spinning machines, textile doubling, twisting, winding or reeling machines in Africa stood at X units, coming up by X% against the previous year. The textile spinning machine imports continue to indicate a drastic curtailment. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. Over the period under review, the textile spinning machine imports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, textile spinning machine imports totaled $X in 2017. The textile spinning machine imports continue to indicate a relatively flat trend pattern. Over the period under review, the textile spinning machine imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Spinning Machine Imports by Country in Africa

In 2017, Mozambique (X units) was the largest importer for textile spinning machines, textile doubling, twisting, winding or reeling machines, committing X% of total imports. Ethiopia (X units) ranks second in terms of the global imports with a X% share, followed by Madagascar (X%), South Africa (X%) and Morocco (X%). Kenya (X units) followed a long way behind the leaders.

Mozambique was also the fastest growing in terms of the textile spinning machines, textile doubling, twisting, winding or reeling machines imports, with a CAGR of +X% from 2007 to 2017. At the same time, Madagascar (+X%), Kenya (+X%) and Morocco (+X%) displayed positive paces of growth. By contrast, South Africa (-X%) and Ethiopia (-X%) illustrated a downward trend over the same period. Ethiopia (X%) and South Africa (X%) significantly strengthened its position in terms of the global imports, while Kenya, Morocco, Madagascar and Mozambique saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Ethiopia ($X) constitutes the largest market for imported textile spinning machines, textile doubling, twisting, winding or reeling machines in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Morocco, with a X% share.

In Ethiopia, textile spinning machine imports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (-X% per year) and Morocco (-X% per year).

Textile Spinning Machine Import Prices by Country in Africa

The textile spinning machine import price in Africa stood at $X thousand per unit in 2017, coming down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of import price peaked of $X thousand per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Ethiopia ($X thousand per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ethiopia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform