Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa - 2024
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (FOB) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (CIF) - 2022
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (FOB) - 2022
The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $17 per unit in 2022, waning by -41.2% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 118% against the previous year. The export price peaked at $39 per unit in 2014; however, from 2015 to 2022, the 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 the United States ($58 per unit), while the average price for exports to Lesotho ($3.8 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 Democratic Republic of the Congo (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $38 per unit in 2022, remaining constant against the previous year. Overall, the import price showed a perceptible increase. The most prominent rate of growth was recorded in 2014 an increase of 76% against the previous year. The import price peaked at $61 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Italy ($367 per unit), while the price for China ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa
In 2022, approx. 20K units of articles of apparel, clothing accessories and other articles of furskin were exported from South Africa; with an increase of 33% on the previous year. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin reduced markedly to $341K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, the exports attained the peak of $438K, and then shrank markedly in the following year.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 27.2 | 1.2 | 10.8 | 48.9 | 21.6% |
| Botswana | 0.9 | 2.6 | 4.8 | 29.8 | 221.1% |
| Malawi | 14.9 | 3.0 | 20.0 | 27.6 | 22.8% |
| Democratic Republic of the Congo | N/A | N/A | 0.5 | 22.5 | 4400.0% |
| United States | 8.1 | 13.8 | 37.6 | 22.3 | 40.2% |
| Burundi | N/A | N/A | N/A | 21.0 | 0% |
| New Zealand | N/A | 21.2 | 78.1 | 20.9 | -0.7% |
| Zambia | 11.0 | 2.1 | 2.9 | 18.6 | 19.1% |
| Hong Kong SAR | N/A | N/A | 1.2 | 11.1 | 825.0% |
| Saint Helena, Ascension and Tristan da Cunha | N/A | N/A | N/A | 6.7 | 0% |
| Mozambique | 1.5 | 1.0 | 4.9 | 6.5 | 63.0% |
| Zimbabwe | 9.1 | 1.4 | N/A | 6.2 | -12.0% |
| Lesotho | 3.4 | 68.4 | 17.9 | 3.9 | 4.7% |
| Others | 56.1 | 106 | 259 | 95.6 | 19.4% |
| Total | 132 | 221 | 438 | 341 | 37.2% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from South Africa in 2022:
- Malawi (6.6K units)
- Namibia (2.5K units)
- Zimbabwe (1.5K units)
- Democratic Republic of the Congo (1.3K units)
- Zambia (1.1K units)
- Lesotho (1.0K units)
- Saint Helena, Ascension and Tristan da Cunha (0.8K units)
- Burundi (0.8K units)
- New Zealand (0.7K units)
- Botswana (0.7K units)
- Hong Kong SAR (0.5K units)
- United States (0.4K units)
- Mozambique (0.4K units)
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa
In 2022, approx. 1.7K units of articles of apparel, clothing accessories and other articles of furskin were imported into South Africa; shrinking by -8.5% against the previous year's figure. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 171%. Imports peaked at 2.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin dropped to $65K in 2022. In general, imports faced a deep setback. The growth pace was the most rapid in 2021 when imports increased by 101% against the previous year. Over the period under review, imports of attained the maximum at $116K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.9 | 6.5 | 16.1 | 20.2 | 2.2% |
| China | 20.5 | 7.5 | 31.2 | 16.0 | -7.9% |
| Turkey | 2.1 | 6.2 | N/A | 4.4 | 28.0% |
| United States | 1.6 | 0.8 | 1.2 | 3.1 | 24.7% |
| India | 13.6 | 1.9 | 3.6 | 3.1 | -38.9% |
| United Kingdom | 14.6 | 1.3 | 1.3 | 2.5 | -44.5% |
| Switzerland | N/A | 0.4 | 1.2 | 1.6 | 100.0% |
| Germany | 0.8 | 0.2 | 6.4 | 1.4 | 20.5% |
| Spain | 4.8 | N/A | N/A | 1.4 | -33.7% |
| Thailand | N/A | N/A | N/A | 1.3 | 0% |
| Swaziland | N/A | 2.3 | N/A | N/A | 0% |
| Lesotho | 0.8 | N/A | N/A | N/A | 0% |
| Others | 38.7 | 7.5 | 8.6 | 9.8 | -36.7% |
| Total | 116 | 34.7 | 69.6 | 64.7 | -17.7% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to South Africa in 2022:
- China (985.0 units)
- India (179.0 units)
- United States (90.0 units)
- Switzerland (84.0 units)
- Italy (55.0 units)
- United Kingdom (45.0 units)
- Germany (39.0 units)
- Thailand (38.0 units)
- Spain (31.0 units)
- Turkey (28.0 units)
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