Angola: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Angola

The Angolan non-knitted men apparel market totaled $X in 2022, picking up by X% against the previous year. Overall, consumption posted a resilient increase. Non-knitted men apparel consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in Angola

In value terms, non-knitted men apparel production stood at $X in 2022 estimated in export price. Overall, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from Angola

In 2022, the amount of men's or boys' clothing (not knitted or crocheted) exported from Angola soared to X units, surging by X% compared with the year before. Overall, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, non-knitted men apparel exports shrank dramatically to $X in 2022. Over the period under review, exports, however, showed a perceptible decline. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ghana (X units) was the main destination for non-knitted men apparel exports from Angola, with a X% share of total exports. Moreover, non-knitted men apparel exports to Ghana exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), twofold. Cuba (X units) ranked third in terms of total exports with a X% share.

From 2015 to 2022, the average annual growth rate of volume to Ghana stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Cuba (X% per year).

In value terms, Ghana ($X), Cuba ($X) and Democratic Republic of the Congo ($X) constituted the largest markets for non-knitted men apparel exported from Angola worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Cuba, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-knitted men apparel export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, showed a moderate increase. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Angola

In 2022, purchases abroad of men's or boys' clothing (not knitted or crocheted) was finally on the rise to reach X units for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-knitted men apparel imports surged to $X in 2022. In general, imports, however, saw a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Portugal (X units) and the United Arab Emirates (X units) were the main suppliers of non-knitted men apparel imports to Angola, together comprising X% of total imports. South Africa, France, Turkey, Spain, Brazil, Mexico, Hong Kong SAR, Thailand, Vietnam and Lebanon lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Portugal ($X) constituted the largest non-knitted men apparel suppliers to Angola, with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-knitted men apparel import price amounted to $X per unit, waning by X% against the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :