Africa: Knitted Fabric Market 2020

Knitted Fabric Market Size in Africa

The revenue of the knitted fabric market in Africa amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The knitted fabric consumption continues to indicate a deep descent. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. The level of knitted fabric consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Knitted Fabric Exports in Africa

The exports amounted to X square meters in 2017, picking up by X% against the previous year. The knitted fabric exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. In that year, the knitted fabric exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, knitted fabric exports stood at $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric exports increased by +X% against 2014 indices. In that year, the knitted fabric exports attained their peak level, and are likely to continue its growth in the immediate term.

Knitted Fabric Exports by Country in Africa

South Africa was the major exporting country with an export of around X square meters, which finished at X% of total exports. Egypt (X square meters) occupied the second position in the ranking, followed by Mauritius (X square meters) and Burkina Faso (X square meters). All these countries together took near X% share of total exports.

South Africa was also the fastest growing in terms of the knitted or crocheted fabrics (excluding pile fabrics) exports, with a CAGR of +X% from 2007 to 2017. At the same time, Egypt (+X%) and Burkina Faso (+X%) displayed positive paces of growth. By contrast, Mauritius (-X%) illustrated a downward trend over the same period. Mauritius (X%) significantly strengthened its position in terms of the global exports, while Burkina Faso, Egypt and South Africa saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, South Africa ($X), Egypt ($X) and Mauritius ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

South Africa (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Fabric Export Prices by Country in Africa

The knitted fabric export price in Africa stood at $X per thousand square meters in 2017, coming down by -X% against the previous year. The knitted fabric export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) attained its maximum level of $X per square meter in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per square meter), while South Africa ($X per thousand square meters) was amongst the lowest.

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

Knitted Fabric Imports in Africa

In 2017, the amount of knitted or crocheted fabrics (excluding pile fabrics) imported in Africa amounted to X square meters, going down by -X% against the previous year. The knitted fabric imports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2014, when imports increased by -X% year-to-year. Over the period under review, the knitted fabric imports reached its peak figure volume of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, knitted fabric imports amounted to $X in 2017. The knitted fabric imports continue to indicate an abrupt decline. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Imports by Country in Africa

In 2017, Tunisia (X square meters), Egypt (X square meters) and Morocco (X square meters) represented the main importers of knitted or crocheted fabrics (excluding pile fabrics) in Africa, making up X% of total import. Kenya (X square meters) ranks second in terms of the global imports with a X% share, followed by South Africa (X%). Mauritius (X square meters) and Ethiopia (X square meters) held the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ethiopia (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Tunisia ($X), Morocco ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by South Africa, Mauritius, Kenya and Ethiopia, which together accounted for a further X%.

Ethiopia (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced mixed trends in the imports figures.

Knitted Fabric Import Prices by Country in Africa

The knitted fabric import price in Africa stood at $X per square meter in 2017, surging by X% against the previous year. The knitted fabric import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. In that year, the import prices for knitted or crocheted fabrics (excluding pile fabrics) attained their peak level of $X per square meter. From 2012 to 2017, growth of the import prices for knitted or crocheted fabrics (excluding pile fabrics) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mauritius ($X per square meter), while Kenya ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform