Africa: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in Africa

The African cotton embroidery market was estimated at $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Cotton Embroidery Production in Africa

In value terms, cotton embroidery production dropped slightly to $X in 2023 estimated in export price. The total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Cotton Embroidery Exports

Exports in Africa

In 2023, approx. X tons of cotton embroidery in the piece were exported in Africa; jumping by X% against the previous year. Over the period under review, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, cotton embroidery exports declined dramatically to $X in 2023. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Nigeria was the main exporter of cotton embroidery in the piece in Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Morocco (X tons) took the second position in the ranking, distantly followed by South Africa (X tons) and Rwanda (X tons). All these countries together took approx. X% share of total exports. Lesotho (X kg), Egypt (X kg) and Ghana (X kg) followed a long way behind the leaders.

Exports from Nigeria increased at an average annual rate of X% from 2012 to 2023. At the same time, Rwanda (X%), Morocco (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Egypt experienced a relatively flat trend pattern. By contrast, Lesotho (X%) and South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Nigeria, Morocco, Rwanda, Lesotho, Egypt and Ghana increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Morocco ($X) remains the largest cotton embroidery supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with an X% share of total exports. It was followed by Lesotho, with a X% share.

In Morocco, cotton embroidery exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Lesotho (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Cotton Embroidery Imports

Imports in Africa

In 2023, approx. X tons of cotton embroidery in the piece were imported in Africa; growing by X% against the year before. Total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, cotton embroidery imports totaled $X in 2023. Over the period under review, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Senegal represented the major importing country with an import of around X tons, which resulted at X% of total imports. Gambia (X tons) ranks second in terms of the total imports with a X% share, followed by Morocco (X%). The following importers - Ghana (X tons) and Guinea (X tons) - together made up X% of total imports.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2023. At the same time, Guinea (X%), Ghana (X%), Morocco (X%) and Gambia (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Senegal, Morocco and Ghana increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported cotton embroidery in the piece in Africa, comprising X% of total imports. The second position in the ranking was held by Gambia ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Senegal totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Gambia (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform