SADC: Knitting Machine Market 2025

Knitting Machine Market Size in SADC

The SADC knitting machine market dropped remarkably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Knitting Machine Production in SADC

In value terms, knitting machine production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Knitting Machine Exports

Exports in SADC

In 2022, overseas shipments of flat knitting machines, stitch-bonding machines and warp knitting machines decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, knitting machine exports fell remarkably to $X in 2022. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Madagascar (X units) represented the major exporter of flat knitting machines, stitch-bonding machines and warp knitting machines, mixing up X% of total exports. South Africa (X units) ranks second in terms of the total exports with a X% share, followed by Mauritius (X%), Namibia (X%), Zimbabwe (X%) and Tanzania (X%). The following exporters - Botswana (X units), Lesotho (X units) and Swaziland (X units) - each finished at an X% share of total exports.

Exports from Madagascar decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Namibia, Swaziland, Lesotho and Zimbabwe experienced a relatively flat trend pattern. By contrast, Botswana (X%), South Africa (X%) and Mauritius (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), South Africa (X p.p.), Namibia (X p.p.), Zimbabwe (X p.p.), Swaziland (X p.p.) and Lesotho (X p.p.) significantly strengthened its position in terms of the total exports, while Mauritius and Madagascar saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Madagascar stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Knitting Machine Imports

Imports in SADC

In 2022, the amount of flat knitting machines, stitch-bonding machines and warp knitting machines imported in SADC contracted remarkably to X units, with a decrease of X% compared with the previous year's figure. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, knitting machine imports dropped markedly to $X in 2022. Overall, imports saw a noticeable decline. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Madagascar (X units) and South Africa (X units) prevails in imports structure, together mixing up X% of total imports. It was distantly followed by Namibia (X units), achieving a X% share of total imports. The following importers - Zimbabwe (X units), Democratic Republic of the Congo (X units), Angola (X units) and Botswana (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Namibia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Madagascar ($X), South Africa ($X) and Zimbabwe ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Zimbabwe, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, jumping by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price 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, knitting machine import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform