Africa: Sewing Needle Market 2020

Sewing Needle Market Size in Africa

The revenue of the sewing needle market in Africa amounted to $X in 2017, waning by -X% against the previous year. The sewing needle consumption continues to indicate a moderate increase. The pace of growth was the most pronounced in 2014, when market value increased by X% against the previous year. The level of sewing needle consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Sewing Needle Production in Africa

In 2017, sewing needle production in Africa amounted to X tons, going up by X% against the previous year. The sewing needle production continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, the sewing needle production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Sewing Needle Exports in Africa

The exports totaled X tons in 2017, growing by X% against the previous year. The sewing needle exports continue to indicate an abrupt reduction. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. Over the period under review, the sewing needle exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sewing needle exports totaled $X in 2017. The sewing needle exports continue to indicate a deep slump. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sewing Needle Exports by Country in Africa

South Africa prevails in sewing needle exports structure, finishing at X tons, which was near X% of total exports in 2017. Zambia (X tons), Morocco (X tons), Namibia (X tons), Tunisia (X tons) and Botswana (X tons) occupied the weak share of total exports.

Exports from South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Morocco (+X%), Tunisia (+X%), Botswana (+X%) and Namibia (+X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Zambia experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Africa increased by X% percentage points, while Tunisia (-X%) and Morocco (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest sewing needle supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Zambia ($X), with a X% share of global exports. It was followed by Morocco, with a X% share.

In South Africa, sewing needle exports declined by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Zambia (-X% per year) and Morocco (+X% per year).

Sewing Needle Export Prices by Country in Africa

In 2017, the sewing needle export price in Africa amounted to $X per ton, falling by -X% against the previous year. The sewing needle export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Zambia ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Sewing Needle Imports in Africa

In 2017, approx. X tons of sewing, knitting needles and bodkins of iron or steel were imported in Africa; remaining constant against the previous year. The sewing needle imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. Over the period under review, the sewing needle imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sewing needle imports amounted to $X in 2017. The sewing needle imports continue to indicate a mild downturn. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sewing Needle Imports by Country in Africa

In 2017, Egypt (X tons), distantly followed by South Africa (X tons), Algeria (X tons), Nigeria (X tons), Tunisia (X tons), Tanzania (X tons) and Kenya (X tons) were the major importers of sewing, knitting needles and bodkins of iron or steel, together achieving X% of total imports. Ethiopia (X tons), Sudan (X tons), Ghana (X tons), Angola (X tons) and Morocco (X tons) occupied the weak 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 Tanzania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported sewing, knitting needles and bodkins of iron or steel in Africa, making up X% of global imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global imports. It was followed by Nigeria, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (-X% per year) and Nigeria (+X% per year).

Sewing Needle Import Prices by Country in Africa

The sewing needle import price in Africa stood at $X per ton in 2017, surging by X% against the previous year. The sewing needle import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the import prices increased by X% y-o-y. Over the period under review, the import prices for sewing, knitting needles and bodkins of iron or steel attained its maximum level of $X per ton 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 South Africa ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform