South Africa: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2022

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in South Africa

In 2021, the South African bedding and furnishing article market decreased by -89.1% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a dramatic decrease. Bedding and furnishing article consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in South Africa

In value terms, bedding and furnishing article production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 6.2% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports from South Africa

In 2021, the amount of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) exported from South Africa reduced to X tons, dropping by -10.9% compared with the year before. In general, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.1% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 69%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, bedding and furnishing article exports rose notably to $X in 2021. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2019 with an increase of 30%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Lesotho (X tons) was the main destination for bedding and furnishing article exports from South Africa, accounting for a 37% share of total exports. Moreover, bedding and furnishing article exports to Lesotho exceeded the volume sent to the second major destination, Namibia (X tons), twofold. The third position in this ranking was taken by Botswana (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lesotho stood at +35.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+0.1% per year) and Botswana (-3.4% per year).

In value terms, the largest markets for bedding and furnishing article exported from South Africa were Namibia ($X), Botswana ($X) and Lesotho ($X), together accounting for 61% of total exports.

Lesotho, with a CAGR of +8.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bedding and furnishing article export price amounted to $X per ton, rising by 25% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Zambia ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports into South Africa

In 2021, purchases abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) decreased by -18.1% to X tons, falling for the second consecutive year after three years of growth. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, bedding and furnishing article imports fell significantly to $X in 2021. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 18% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest bedding and furnishing article supplier to South Africa, accounting for a 81% share of total imports. Moreover, bedding and furnishing article imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.6% per year) and Pakistan (-10.1% per year).

In value terms, China ($X) constituted the largest supplier of bedding and furnishing article to South Africa, comprising 87% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 4.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-13.9% per year) and India (-3.3% per year).

Import Prices by Country

The average bedding and furnishing article import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Pakistan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform