SADC: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in SADC

The SADC textile wall covering market declined sharply to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Textile Wall Covering Production in SADC

In value terms, textile wall covering production amounted to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Textile Wall Covering Exports

Exports in SADC

In 2022, approx. X square meters of textile wall coverings were exported in SADC; jumping by X% on the previous year's figure. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, textile wall covering exports dropped to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

South Africa dominates exports structure, resulting at X square meters, which was near X% of total exports in 2022. Namibia (X square meters) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the textile wall coverings exports, with a CAGR of X% from 2012 to 2022. At the same time, Namibia (X%) displayed positive paces of growth. While the share of South Africa (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Namibia (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per square meter in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per square meter), while South Africa stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Textile Wall Covering Imports

Imports in SADC

Textile wall covering imports contracted notably to X square meters in 2022, which is down by X% compared with the year before. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, textile wall covering imports dropped to $X in 2022. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X square meters) was the key importer of textile wall coverings, constituting X% of total imports. It was distantly followed by Democratic Republic of the Congo (X square meters) and Angola (X square meters), together committing a X% share of total imports. Botswana (X square meters), Comoros (X square meters) and Swaziland (X square meters) held a little share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of textile wall coverings. At the same time, Democratic Republic of the Congo (X%), Comoros (X%), Botswana (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Democratic Republic of the Congo, Botswana and Comoros increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported textile wall coverings in SADC, comprising X% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an X% share of total imports. It was followed by Angola, with an X% share.

In South Africa, textile wall covering imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per square meter, increasing by X% against the previous year. In general, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per square meter 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 Botswana ($X per square meter), while Swaziland ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform