SADC: Industrial Sewing Machine Market 2024

Industrial Sewing Machine Market Size in SADC

The SADC industrial sewing machine market dropped modestly to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Industrial Sewing Machine Production in SADC

In value terms, industrial sewing machine production totaled $X in 2022 estimated in export price. Overall, production saw a perceptible slump. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Industrial Sewing Machine Exports

Exports in SADC

In 2022, after three years of growth, there was significant decline in overseas shipments of industrial sewing machines, when their volume decreased by X% to X units. Over the period under review, exports, however, continue to indicate a temperate expansion. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked at X units in 2021, and then declined markedly in the following year.

In value terms, industrial sewing machine exports reduced remarkably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of industrial sewing machines, mixing up X% of total exports. It was distantly followed by Mauritius (X units) and Madagascar (X units), together creating a X% share of total exports. The following exporters - Tanzania (X units) and Mozambique (X units) - each finished at a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of industrial sewing machines. At the same time, Mozambique (X%), Tanzania (X%), Madagascar (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Mauritius, Madagascar, Tanzania and Mozambique increased by X, X, X and X percentage points, respectively.

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

In South Africa, industrial sewing machine exports expanded 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 Mauritius (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Madagascar ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Industrial Sewing Machine Imports

Imports in SADC

In 2022, after four years of growth, there was significant decline in overseas purchases of industrial sewing machines, when their volume decreased by X% to X units. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then reduced notably in the following year.

In value terms, industrial sewing machine imports fell remarkably to $X in 2022. Overall, imports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

South Africa was the main importer of industrial sewing machines in SADC, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Democratic Republic of the Congo (X units) ranks second in terms of the total imports with a X% share, followed by Botswana (X%), Tanzania (X%), Mozambique (X%) and Madagascar (X%). Zimbabwe (X units) took a minor share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Mozambique (X%), Democratic Republic of the Congo (X%), Tanzania (X%), Madagascar (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Democratic Republic of the Congo (X p.p.), Botswana (X p.p.), Mozambique (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while Zimbabwe, Madagascar and South Africa saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

In South Africa, industrial sewing machine 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, falling by X% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per unit, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Madagascar ($X per unit), while Botswana ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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