Angola - Handbags - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Angola - Handbags - Market Analysis, Forecast, Size, Trends And Insights

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Handbag Price in Angola - 2022

Contents:

  1. Handbag Price in Angola (CIF) - 2022
  2. Handbag Price in Angola (FOB) - 2022
  3. Handbag Imports in Angola
  4. Handbag Exports in Angola

Handbag Price in Angola (CIF) - 2022

The average handbag import price stood at $2.9 per unit in 2022, with a decrease of -28.7% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 67%. As a result, import price reached the peak level of $6 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($3.5 per unit), while the price for China totaled $2.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-12.3%).

Handbag Price in Angola (FOB) - 2022

In 2022, the average handbag export price amounted to $54 per unit, jumping by 68% against the previous year. Overall, the export price continues to indicate a measured increase. The pace of growth was the most pronounced in 2015 an increase of 225% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($114 per unit), while the average price for exports to the Netherlands ($14 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 Guinea (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Handbag Imports in Angola

Handbag imports into Angola expanded sharply to 790K units in 2022, surging by 9.1% on the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, handbag imports fell dramatically to $2.3M in 2022. Overall, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Handbag in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3174471,4461,87512.5%
Portugal92854657552.3-61.7%
United States65.553.960.028.1-24.6%
Chile23322126724.0-53.1%
Others637342554277-24.2%
Total3,1811,6102,9022,256-10.8%

Top Suppliers of Handbag to Angola in 2022:

  1. China (728.2K units)
  2. Portugal (14.7K units)
  3. Chile (3.2K units)
  4. United States (3.1K units)

Handbag Exports in Angola

In 2022, after two years of decline, there was significant growth in shipments abroad of handbags, when their volume increased by 61% to 237 units. In general, exports, however, faced a dramatic descent. The exports peaked at 1.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, handbag exports surged to $13K in 2022. Overall, exports recorded a buoyant increase. The exports peaked at $21K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Handbag in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo1,5091,7113062,05110.8%
Guinea7472,3374331,51126.5%
France1,1403,0834181,4327.9%
United States3432,11616388036.9%
United Kingdom31432373280536.9%
Ghana49.0329279736146.7%
Sao Tome and Principe23472525957835.2%
United Arab Emirates10455116956675.9%
South Africa13821115650554.1%
Belgium64.014869.046193.1%
Mozambique10.02,0152.0393240.0%
Brazil40729178.0341-5.7%
Netherlands14551119623217.0%
Others4,0026,4291,4312,244-17.5%
Total9,20620,7804,69112,73511.4%

Top Export Markets for Handbag from Angola in 2022:

  1. United Kingdom (38.0 units)
  2. Ghana (30.0 units)
  3. Sao Tome and Principe (20.0 units)
  4. South Africa (18.0 units)
  5. Democratic Republic of the Congo (18.0 units)
  6. Netherlands (17.0 units)
  7. Guinea (14.0 units)
  8. France (13.0 units)
  9. Mozambique (11.0 units)
  10. Brazil (10.0 units)
  11. United States (9.0 units)
  12. United Arab Emirates (6.0 units)
  13. Belgium (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the handbag market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)

Country coverage:

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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