SADC: Sleeping Bag Market 2024

Sleeping Bag Market Size in SADC

In 2021, the SADC sleeping bag market decreased by -7.2% to $X for the first time since 2014, thus ending a six-year rising trend. The total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +76.7% against 2014 indices. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Sleeping Bag Production in SADC

In value terms, sleeping bag production reduced to $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +94.2% against 2014 indices. The pace of growth appeared the most rapid in 2015 with an increase of 25%. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Sleeping Bag Exports

Exports in SADC

In 2021, shipments abroad of sleeping bags increased by 180% to X units, rising for the third year in a row after five years of decline. Over the period under review, exports continue to indicate slight growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sleeping bag exports soared to $X in 2021. In general, exports, however, saw a perceptible reduction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the two major exporters of sleeping bags, namely South Africa and Mauritius, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mauritius (with a CAGR of +57.1%).

In value terms, Mauritius ($X) and South Africa ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Mauritius, with a CAGR of +72.3%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per unit, rising by 5.8% against the previous year. Overall, the export price, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while South Africa totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+9.7%).

Sleeping Bag Imports

Imports in SADC

In 2021, supplies from abroad of sleeping bags was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 60%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sleeping bag imports soared to $X in 2021. In general, imports, however, recorded a deep reduction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

South Africa represented the major importing country with an import of about X units, which recorded 63% of total imports. Mozambique (X units) ranks second in terms of the total imports with a 14% share, followed by Tanzania (6.2%). The following importers - Mauritius (X units), Namibia (X units) and Malawi (X units) - together made up 8.7% of total imports.

From 2012 to 2021, average annual rates of growth with regard to sleeping bag imports into South Africa stood at -15.1%. At the same time, Mozambique (+27.0%), Mauritius (+18.0%), Tanzania (+16.3%) and Malawi (+10.7%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +27.0% from 2012-2021. By contrast, Namibia (-8.2%) illustrated a downward trend over the same period. Mozambique (+14 p.p.), Tanzania (+5.7 p.p.) and Mauritius (+4 p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by -20.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported sleeping bags in SADC, comprising 52% of total imports. The second position in the ranking was held by Mauritius ($X), with a 22% share of total imports. It was followed by Mozambique, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled -10.2%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (+44.4% per year) and Mozambique (+13.2% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, rising by 33% against the previous year. Over the period under review, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2014 an increase of 62% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mauritius ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+22.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform