Report Africa - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 23, 2023

Africa - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights

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Africa: Bracelet Market 2023

Bracelet Market Size in Africa

The African bracelet market dropped to $X in 2021, declining by -7.4% against the previous year. In general, consumption recorded a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Bracelet Production in Africa

In value terms, bracelet production fell to $X in 2021 estimated in export price. Overall, production recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Bracelet Exports

Exports in Africa

In 2021, shipments abroad of watch straps, bands and bracelets increased by 1.8% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 32%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, bracelet exports skyrocketed to $X in 2021. Overall, exports, however, saw a perceptible curtailment. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Madagascar (X tons) and Tunisia (X tons) represented roughly 65% of total exports in 2021. South Africa (X tons) ranks next in terms of the total exports with a 19% share, followed by Mauritius (7.9%). The following exporters - Cameroon (X kg) and Tanzania (X kg) - each amounted to a 3.9% share of total exports.

From 2012 to 2021, the biggest increases were in Tanzania (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Madagascar ($X), Tunisia ($X) and Mauritius ($X) constituted the countries with the highest levels of exports in 2021, together comprising 98% of total exports. South Africa, Tanzania and Cameroon lagged somewhat behind, together comprising a further 2%.

Tanzania, with a CAGR of +38.9%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, surging by 41% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Mauritius ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+15.7%), while the other leaders experienced more modest paces of growth.

Bracelet Imports

Imports in Africa

In 2021, purchases abroad of watch straps, bands and bracelets was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw measured growth. The growth pace was the most rapid in 2015 with an increase of 68% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bracelet imports skyrocketed to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.8% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 41% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, South Africa (X tons) was the largest importer of watch straps, bands and bracelets, generating 47% of total imports. Madagascar (X tons) held a 24% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (11%) and Mauritius (4.7%). The following importers - Morocco (X tons), Kenya (X tons) and Ethiopia (X tons) - together made up 6.3% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Madagascar (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Madagascar ($X) constitutes the largest market for imported watch straps, bands and bracelets in Africa, comprising 47% of total imports. The second position in the ranking was held by South Africa ($X), with a 21% share of total imports. It was followed by Mauritius, with a 20% share.

In Madagascar, bracelet imports expanded at an average annual rate of +72.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (+5.1% per year) and Mauritius (-6.5% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, growing by 4% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 204% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mauritius ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for watch straps, bands and bracelets in Africa?
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The countries with the highest volumes of consumption in 2021 were Nigeria, Ethiopia and Democratic Republic of the Congo, together accounting for 32% of total consumption.
What are the largest producers of watch straps, bands and bracelets in Africa?
+
The countries with the highest volumes of production in 2021 were Nigeria, Ethiopia and Democratic Republic of the Congo, together accounting for 34% of total production.
What are the leading exporters of watch straps, bands and bracelets in Africa?
+
In value terms, Madagascar, Tunisia and Mauritius appeared to be the countries with the highest levels of exports in 2021, with a combined 98% share of total exports. These countries were followed by South Africa, Tanzania and Cameroon, which together accounted for a further 2%.
What are the leading importers of watch straps, bands and bracelets in Africa?
+
In value terms, Madagascar constitutes the largest market for imported watch straps, bands and bracelets in Africa, comprising 47% of total imports. The second position in the ranking was taken by South Africa, with a 21% share of total imports. It was followed by Mauritius, with a 20% share.
What is the average export price for watch straps, bands and bracelets in Africa?
+
The export price in Africa stood at $764,117 per ton in 2021, increasing by 41% against the previous year.
What is the average import price for watch straps, bands and bracelets in Africa?
+
In 2021, the import price in Africa amounted to $118,243 per ton, growing by 4% against the previous year.

This report provides an in-depth analysis of the bracelet market in Africa. 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 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)
Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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