SADC: Comb Market 2024

Comb Market Size in SADC

The SADC comb market contracted to $X in 2022, dropping by -7.7% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% 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 +77.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Comb Production in SADC

In value terms, comb production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Comb Exports

Exports in SADC

In 2022, the amount of combs and hair-slides exported in SADC fell to X tons, which is down by -12% against 2021 figures. In general, exports saw a deep reduction. The growth pace was the most rapid in 2016 with an increase of 29%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, comb exports fell remarkably to $X in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2013 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, resulting at X tons, which was near 93% of total exports in 2022. The following exporters - Tanzania (X tons) and Madagascar (X tons) - each finished at a 5.9% share of total exports.

Exports from South Africa decreased at an average annual rate of -4.7% from 2012 to 2022. At the same time, Tanzania (+2.1%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +2.1% from 2012-2022. Madagascar experienced a relatively flat trend pattern. South Africa (+6.2 p.p.) and Tanzania (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest comb supplier in SADC, comprising 79% of total exports. The second position in the ranking was held by Madagascar ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -9.1%. In the other countries, the average annual rates were as follows: Madagascar (+7.5% per year) and Tanzania (+8.9% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, declining by -21.1% against the previous year. In general, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+8.3%), while the other leaders experienced mixed trends in the export price figures.

Comb Imports

Imports in SADC

Comb imports reduced dramatically to X tons in 2022, falling by -19.1% against the previous year. Overall, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2013 when imports increased by 89% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, comb imports reduced to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 87%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the major importing country with an import of about X tons, which reached 44% of total imports. Angola (X tons) ranks second in terms of the total imports with a 19% share, followed by Madagascar (8.8%), Mauritius (7.6%), Tanzania (7.4%) and Mozambique (5%). Namibia (X tons) held a minor share of total imports.

South Africa was also the fastest-growing in terms of the combs and hair-slides imports, with a CAGR of +6.3% from 2012 to 2022. At the same time, Mozambique (+5.3%) and Madagascar (+4.5%) displayed positive paces of growth. Tanzania, Mauritius and Angola experienced a relatively flat trend pattern. By contrast, Namibia (-1.7%) illustrated a downward trend over the same period. While the share of South Africa (+15 p.p.) and Madagascar (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (-5.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported combs and hair-slides in SADC, comprising 60% of total imports. The second position in the ranking was taken by Angola ($X), with an 11% share of total imports. It was followed by Mauritius, with an 8.1% share.

In South Africa, comb imports expanded at an average annual rate of +2.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+0.9% per year) and Mauritius (+2.6% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2020 when the import price increased by 18%. The level of import peaked at $X per ton 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 South Africa ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform