SADC: Mannequin Market 2024

Mannequin Market Size in SADC

The SADC mannequin market amounted to $X in 2022, approximately equating the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Mannequin Production in SADC

In value terms, mannequin production shrank to $X in 2022 estimated in export price. In general, production saw a slight decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 195%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Mannequin Exports

Exports in SADC

In 2022, approx. X tons of mannequins were exported in SADC; picking up by 11% against the previous year. In general, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 71% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mannequin exports soared to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 108%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was near 89% of total exports in 2022. It was distantly followed by Tanzania (X tons), constituting a 5% share of total exports. Namibia (X tons) took a little share of total exports.

Exports from South Africa decreased at an average annual rate of -5.1% from 2012 to 2022. At the same time, Tanzania (+37.9%) and Namibia (+5.8%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +37.9% from 2012-2022. From 2012 to 2022, the share of Tanzania and Namibia increased by +4.9 and +2.3 percentage points, respectively.

In value terms, South Africa ($X) remains the largest mannequin supplier in SADC, comprising 95% of total exports. The second position in the ranking was held by Namibia ($X), with a 1.6% share of total exports.

In South Africa, mannequin exports plunged by an average annual rate of -5.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (-1.5% per year) and Tanzania (+6.0% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2020 when the export price increased by 50%. Over the period under review, the export prices attained the maximum at $X per ton 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 South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.6%), while the other leaders experienced a decline in the export price figures.

Mannequin Imports

Imports in SADC

In 2022, supplies from abroad of mannequins increased by 3.5% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2014 with an increase of 51%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, mannequin imports rose sharply to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the major importer of mannequins in SADC, with the volume of imports resulting at X tons, which was near 39% of total imports in 2022. It was distantly followed by Democratic Republic of the Congo (X tons), Zambia (X tons), Tanzania (X tons) and Botswana (X tons), together committing a 43% share of total imports. The following importers - Angola (X tons) and Zimbabwe (X tons) - each recorded an 8.9% share 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 Democratic Republic of the Congo (with a CAGR of +41.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported mannequins in SADC, comprising 56% of total imports. The second position in the ranking was taken by Zambia ($X), with a 12% share of total imports. It was followed by Democratic Republic of the Congo, with a 12% share.

In South Africa, mannequin imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Zambia (+17.6% per year) and Democratic Republic of the Congo (+30.3% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2015 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform