South Africa: Hat And Headgear Market 2025

Hat And Headgear Market Size in South Africa

The South African hat and headgear market soared to $X in 2022, rising by 42% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +57.9% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Exports

Exports from South Africa

In 2022, shipments abroad of hats and other headgear increased by 42% to X units, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 50%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, hat and headgear exports surged to $X in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Botswana (X units), Namibia (X units) and Lesotho (X units) were the main destinations of hat and headgear exports from South Africa, with a combined 71% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Botswana (with a CAGR of +10.7%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Botswana ($X) and Lesotho ($X) were the largest markets for hat and headgear exported from South Africa worldwide, together accounting for 68% of total exports.

In terms of the main countries of destination, Lesotho, with a CAGR of +6.5%, saw the highest growth rate of the value of exports, 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 hat and headgear export price amounted to $X per unit, which is down by -11% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.8% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (-0.7%), while the prices for the other major destinations experienced a decline.

Hat And Headgear Imports

Imports into South Africa

In 2022, hat and headgear imports into South Africa surged to X units, picking up by 79% on the previous year. In general, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports rose sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main hat and headgear supplier to South Africa, accounting for a 94% share of total imports. It was followed by Vietnam (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.7%.

In value terms, China ($X) constituted the largest supplier of hats and other headgear to South Africa, comprising 85% of total imports. The second position in the ranking was held by Vietnam ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

In 2022, the average hat and headgear import price amounted to $X per unit, falling by -36.7% against the previous year. In general, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.1%).

Source: IndexBox Platform

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