The significance of the clothing and textiles industries is recognised by the South African government in the support lent to the industry because of its well- established and labour-intensive nature. [...] UNIT PRICES OF SOUTH AFRICAN EXPORTS OF CLOTHING AND TEXTILES Graph 5 shows the percentage changes in unit price of textiles and clothing from 2011 to 2022. [...] FOREIGN INVESTMENT INTO SOUTH AFRICA’S CLOTHING AND TEXTILES INDUSTRIES Foreign direct investment in the South African clothing and textiles industries dates back to apartheid when Chinese and Taiwanese clothing and textile manufacturers were authorised to set up clothing and textile factories on the outskirts of KwaZulu-Natal and the Eastern Cape in the former homelands. [...] SUMMARY AND CONCLUSION South Africa’s clothing and textile industries have experienced ebbs and flows in supply and demand over the years, with notable drops in production, consumption and trade experienced in both industries particularly due to the impact of the COVID-19 pandemic. [...] In conclusion, for the clothing and textile industries to be competitive, in the face of increasing competition from cheap imports and countries that benefit from economies of scale and well- established value chains, South Africa needs to mitigate the threats posed by global clothing and textiles manufacturing powerhouses and seize opportunities available in the regional market.
Authors
- Pages
- 13
- Published in
- South Africa
Table of Contents
- Author Rethabile Molala TIPS Economist 1
- CONTENTS 2
- Graphs 2
- . ................................................................................................. 3 2
- Tables 2
- Disclaimer 2
- INTRODUCTION 3
- 1. PRODUCTION OF CLOTHING AND TEXTILES IN SOUTH AFRICA 3
- Graph 1 Physical production index for production of clothing and textiles 3
- 2. EXPORTS 4
- Graph 2 Total global exports of clothing and textiles by value in constant 2022 rands. 4
- Graph 3 Top 10 global exporters of clothing and textiles by rand value 5
- Table 1 Top 10 exporters of clothing and textiles including South Africa and SADC 6
- Clothing 6
- Textiles 6
- Graph 4 Distribution of total exports of clothing and textiles by value from South Africa 2022. 7
- 3. UNIT PRICES OF SOUTH AFRICAN EXPORTS OF CLOTHING AND TEXTILES 7
- Graph 5 Export unit price of clothing and textiles year-on-year percentage change 7
- 2011 2022 Index 2019100 7
- 4. NATIONAL CONSUMPTION OF CLOTHING AND TEXTILES 8
- Graph 6 Consumption of clothing and textiles 2000 2022 in constant 2022 rands 8
- 5. IMPORTS OF CLOTHING AND TEXTILES 8
- Graph 7 Total global imports of clothing and textiles by value in constant 2022 prices. 9
- Graph 8 Top 10 global importers of clothing by rand value including South Africa and SADC 2022 9
- Table 2 Top 10 importers of clothing and textiles and their share 10
- Clothing 10
- Textiles 10
- Graph 9. Distribution of total imports of clothing and textiles into South Africa 2022 11
- 6. FOREIGN INVESTMENT INTO SOUTH AFRICAS CLOTHING AND TEXTILES 11
- INDUSTRIES 11
- 7. GLOBAL AND REGIONAL CHALLENGES AND OPPORTUNITIES 11
- 8. SUMMARY AND CONCLUSION 12
- REFERENCES 13
- Trade Industrial Policies Strategies TIPS is an independent non-profit economic research 13
