SADC: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in SADC

The SADC industrial automatic sewing machine market shrank to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated prominent growth 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Production of Industrial Automatic Sewing Machines in SADC

In value terms, industrial automatic sewing machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep contraction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Industrial Automatic Sewing Machines

Exports in SADC

In 2022, industrial automatic sewing machine exports in SADC surged to X units, increasing by X% on the year before. Overall, exports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial automatic sewing machine exports skyrocketed to $X in 2022. In general, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the key exporting country with an export of around X units, which recorded X% of total exports. Mauritius (X units) took the second position in the ranking, followed by Mozambique (X units), Tanzania (X units) and Lesotho (X units). All these countries together held approx. X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X.0%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X.0% from 2012-2022. By contrast, Lesotho (X%) and Mauritius (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Mozambique (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while Lesotho and Mauritius saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest industrial automatic sewing machine supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Lesotho, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Lesotho (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while Mozambique ($X per unit) 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.

Imports of Industrial Automatic Sewing Machines

Imports in SADC

Industrial automatic sewing machine imports contracted to X units in 2022, shrinking by X% against the previous year's figure. Total imports indicated a temperate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial automatic sewing machine imports totaled $X in 2022. Total imports indicated resilient growth 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, South Africa (X units), distantly followed by Zimbabwe (X units), Angola (X units), Tanzania (X units), Madagascar (X units) and Botswana (X units) were the key importers of industrial automatic sewing machines, together generating X% of total imports. The following importers - Zambia (X units), Lesotho (X units) and Mauritius (X units) - each reached an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Zimbabwe (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported industrial automatic sewing machines in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with an X% share of total imports. It was followed by Madagascar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Madagascar (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 Mauritius ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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