Price for Handkerchiefs (Not Knitted or Crocheted) in South Africa - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in South Africa (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in South Africa (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in South Africa
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in South Africa

Price for Handkerchiefs (Not Knitted or Crocheted) in South Africa (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $0.6 per unit, remaining relatively unchanged against the previous year. Overall, import price indicated a mild 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. Based on 2022 figures, handkerchiefs (not knitted or crocheted) import price increased by +91.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 72% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.3% per year.

Price for Handkerchiefs (Not Knitted or Crocheted) in South Africa (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $0.5 per unit, falling by -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2015 when the average export price increased by 25%. As a result, the export price attained the peak level of $0.5 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($0.8 per unit), while the average price for exports to Zambia ($0.2 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 Italy (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in South Africa

In 2022, after two years of decline, there was significant growth in overseas purchases of handkerchiefs (not knitted or crocheted)s, when their volume increased by 37% to 1.2M units. In general, imports, however, showed a sharp reduction. Imports peaked at 2.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) imports skyrocketed to $646K in 2022. Overall, imports, however, showed a deep reduction. Imports peaked at $784K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China741421452621-5.7%
Others43.520.914.324.6-17.3%
Total784441466646-6.2%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to South Africa in 2022:

  1. China (1136.5K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in South Africa

In 2022, the amount of handkerchiefs (not knitted or crocheted)s exported from South Africa rose modestly to 203K units, picking up by 2.1% on 2021 figures. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports reached the peak figure at 296K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) exports reached $100K in 2022. Overall, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The exports peaked at $133K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia45.833.240.141.5-3.2%
Botswana30.717.816.920.4-12.7%
Lesotho14.611.011.814.3-0.7%
Swaziland6.53.84.16.0-2.6%
Zambia11.56.37.63.2-34.7%
Italy0.10.10.53.1214.1%
Mauritius5.24.27.72.9-17.7%
Kenya6.83.66.31.9-34.6%
Others11.63.74.97.0-15.5%
Total13383.899.9100-9.1%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from South Africa in 2022:

  1. Namibia (67.6K units)
  2. Lesotho (53.8K units)
  3. Botswana (24.5K units)
  4. Zambia (14.1K units)
  5. Swaziland (13.8K units)
  6. Mauritius (7.7K units)
  7. Italy (4.5K units)
  8. Kenya (4.3K units)

Source: IndexBox Market Intelligence Platform

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