South Africa: Hand-Made Lace Market 2025

Hand-Made Lace Market Size in South Africa

In 2022, the South African hand-made lace market increased by 474% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a slight increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Hand-Made Lace Production in South Africa

In value terms, hand-made lace production soared to $X in 2022 estimated in export price. In general, production faced a abrupt shrinkage. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Hand-Made Lace Exports

Exports from South Africa

In 2022, approx. X tons of hand-made lace in the piece, in strips or in motifs were exported from South Africa; with a decrease of -44.2% compared with the previous year. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 229%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, hand-made lace exports fell rapidly to $X in 2022. Overall, exports, however, saw a slight increase. The most prominent rate of growth was recorded in 2016 when exports increased by 378% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X tons), Lesotho (X kg) and Namibia (X kg) were the main destinations of hand-made lace exports from South Africa, together comprising 68% of total exports.

From 2012 to 2022, the biggest increases were recorded for Botswana (with a CAGR of +32.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-made lace exported from South Africa were Botswana ($X), Namibia ($X) and Lesotho ($X), with a combined 54% share of total exports.

Botswana, with a CAGR of +22.2%, recorded the highest growth rate of 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 2022, the average hand-made lace export price amounted to $X per ton, declining by -3.3% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 45% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (-3.5%), while the prices for the other major destinations experienced a decline.

Hand-Made Lace Imports

Imports into South Africa

In 2022, overseas purchases of hand-made lace in the piece, in strips or in motifs increased by 628% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hand-made lace imports soared to $X in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main hand-made lace supplier to South Africa, with a 98% share of total imports. It was followed by Pakistan (X kg), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-17.5% per year) and Hong Kong SAR (-53.5% per year).

In value terms, China ($X) constituted the largest supplier of hand-made lace in the piece, in strips or in motifs to South Africa, comprising 97% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-24.2% per year) and Hong Kong SAR (-50.3% per year).

Import Prices by Country

The average hand-made lace import price stood at $X per ton in 2022, waning by -13.6% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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