02 July 2024

Industry Study: Clothing and Textiles International trends

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TIPS industry studies aim to provide a comprehensive overview of key trends in leading industries in South Africa. For each industry covered, working papers will be published on basic economic trends, including value added, employment,investment and market structure; trade by major product and country; impact on the environment as well as threats and opportunities arising from the climatecrisis; and the implications of emerging technologies. The studies aim to provide background for policymakers and researchers, and to strengthen our understanding of current challenges and opportunities in each industry as a basis for a more strategic response.

This report explores South Africa’s global and regional trade to assess the performance of clothing and textiles in the global market. It examines the supply-side trends, including the local production and unit prices of clothing and textiles along with the main global exporters. It then examines the demand-side dynamics to gain insights into consumption patterns and the main global importers. The analysis concludes with a brief discussion of foreign direct investment intothe industry and opportunities and threats that exist globally and in the region. 

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Additional studies for other industries will be added when finalised.

Read 373 times Last modified on 02 July 2024