Key Market Indicators
In 2021, South Africa ranked 20th, while Italy overtook with $49,540. The United States, France and Germany respectively ranked numbers 2, 3 and 4 in this ranking. Sales of clothing accessories are projected to reach $18.2 million by 2026, growing at an average rate of 1% year on year. In 2020, the market jumped by 1.1%. France, the United Kingdom and Canada were the second, third and fourth largest markets, respectively. South African exports of clothing accessories are expected to reach $509,990 by 2026, a decrease of 4.9% year on year on average since 2005. In 2021, South Africa ranked 21st, with Russia overtaking with $682,980. The United States, Belgium and Malaysia were the second, third and fourth largest markets, respectively. South African imports of clothing accessories declined 9.3% in 2021 compared to 2020, reaching $44,920. Since 2005, demand for these goods has decreased 3.9% year on year. In 2021, South Africa ranked 20th, with Italy overtaking with $49,540. The United States, France and Germany were the second, third and fourth largest markets, respectively.
