Price for Clothing; Parts, Knitted or Crocheted in South Africa - 2023
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in South Africa (FOB) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in South Africa (CIF) - 2022
- Exports of Clothing; Parts, Knitted or Crocheted in South Africa
- Imports of Clothing; Parts, Knitted or Crocheted in South Africa
Price for Clothing; Parts, Knitted or Crocheted in South Africa (FOB) - 2022
In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $5,603 per ton, falling by -4.5% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 54%. The export price peaked at $15,774 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($12,739 per ton), while the average price for exports to Swaziland ($2,630 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 Lesotho (-3.6%), while the prices for the other major destinations experienced a decline.
Price for Clothing; Parts, Knitted or Crocheted in South Africa (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $12,409 per ton, surging by 49% against the previous year. Over the period under review, the import price saw a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 123% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($24,616 per ton), while the price for Lesotho ($5,350 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clothing; Parts, Knitted or Crocheted in South Africa
In 2022, exports of clothing; parts, knitted or crocheted from South Africa skyrocketed to 254 tons, rising by 21% on 2021. Over the period under review, exports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2020 with an increase of 76%. As a result, the exports attained the peak of 496 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, clothing; parts, knitted or crocheted exports surged to $1.4M in 2022. In general, exports, however, saw a deep setback. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Clothing; Parts, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 1,010 | 1,406 | 811 | 960 | -1.7% |
| Swaziland | 721 | 1,334 | 298 | 310 | -24.5% |
| Namibia | 33.1 | 20.9 | 35.5 | 105 | 46.9% |
| Others | 36.4 | 86.5 | 89.4 | 49.0 | 10.4% |
| Total | 1,801 | 2,847 | 1,233 | 1,423 | -7.6% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from South Africa in 2022:
- Lesotho (121.3 tons)
- Swaziland (117.7 tons)
- Namibia (8.2 tons)
Imports of Clothing; Parts, Knitted or Crocheted in South Africa
In 2022, overseas purchases of clothing; parts, knitted or crocheted decreased by -13.1% to 55 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 23%. As a result, imports reached the peak of 92 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, clothing; parts, knitted or crocheted imports soared to $688K in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Clothing; Parts, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 2.6 | N/A | 232 | 310 | 392.2% |
| China | 78.8 | 177 | 32.9 | 139 | 20.8% |
| Swaziland | 31.3 | 23.9 | 64.4 | 70.0 | 30.8% |
| Taiwan (Chinese) | 0.5 | 26.3 | 0.1 | 57.1 | 385.2% |
| Lesotho | 65.1 | 90.0 | 164 | 28.7 | -23.9% |
| United Arab Emirates | 165 | 0.4 | 0.7 | 0.2 | -89.3% |
| Others | 16.5 | 25.5 | 36.8 | 83.1 | 71.4% |
| Total | 360 | 343 | 531 | 688 | 24.1% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to South Africa in 2022:
- United Arab Emirates (undefined tons)
- Mauritius (23.6 tons)
- Swaziland (10.6 tons)
- China (8.4 tons)
- Lesotho (5.4 tons)
- Taiwan (Chinese) (2.3 tons)
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