SADC: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in SADC

In 2022, the SADC industrial sewing machines (non-automatic) market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a resilient increase. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Production of Industrial Sewing Machines (Non-Automatic) in SADC

In value terms, industrial sewing machines (non-automatic) production skyrocketed to $X in 2022 estimated in export price. In general, production recorded significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in SADC

In 2022, exports of industrial sewing machines (non-automatic) in SADC declined sharply to X units, which is down by X% on the previous year. Total exports indicated perceptible growth 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, industrial sewing machines (non-automatic) exports reduced sharply to $X in 2022. Total exports indicated mild 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. Mauritius (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Madagascar (X%).

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Madagascar and Mauritius increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest industrial sewing machines (non-automatic) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Madagascar ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Madagascar (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X%. 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 Madagascar ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Imports of Industrial Sewing Machines (Non-Automatic)

Imports in SADC

In 2022, after four years of growth, there was significant decline in purchases abroad of industrial sewing machines (non-automatic), when their volume decreased by X% to X units. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, industrial sewing machines (non-automatic) imports dropped remarkably to $X in 2022. Over the period under review, imports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, South Africa (X units) was the largest importer of industrial sewing machines (non-automatic), mixing up X% of total imports. Democratic Republic of the Congo (X units) ranks second in terms of the total imports with a X% share, followed by Tanzania (X%) and Madagascar (X%). Mozambique (X units), Zimbabwe (X units) and Namibia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to industrial sewing machines (non-automatic) imports into South Africa stood at X%. At the same time, Tanzania (X%), Democratic Republic of the Congo (X%), Mozambique (X%), Namibia (X%), Zimbabwe (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Democratic Republic of the Congo and Tanzania increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, industrial sewing machines (non-automatic) 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: Madagascar (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Madagascar ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :