Angola: Sleeping Bag Market 2024

Sleeping Bag Market Size in Angola

In 2022, the Angolan sleeping bag market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Sleeping Bag Production in Angola

In value terms, sleeping bag production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Sleeping bag production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Sleeping Bag Exports

Exports from Angola

In 2022, shipments abroad of sleeping bags decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, sleeping bag exports shrank remarkably to $X in 2022. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for sleeping bag exports from Angola, accounting for a X% share of total exports. Moreover, sleeping bag exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, South Africa (X units), tenfold. The United States (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 Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and the United States (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for sleeping bags exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Portugal ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and the United States (X% per year).

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

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 ($X per unit), while the average price for exports to South Africa ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sleeping Bag Imports

Imports into Angola

Sleeping bag imports into Angola soared to X units in 2022, with an increase of X% on 2021 figures. Over the period under review, imports, however, faced a precipitous descent. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sleeping bag imports surged to $X in 2022. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units) constituted the largest supplier of sleeping bag to Angola, accounting for a X% share of total imports. Moreover, sleeping bag imports from South Africa exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), threefold. The third position in this ranking was held by Portugal (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Portugal (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of sleeping bags to Angola, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Portugal, with an X% share.

From 2012 to 2022, the average annual growth rate of value from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average sleeping bag import price amounted to $X per unit, with an increase of X% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sleeping bag import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and the UK ($X per unit), while the price for China ($X per unit) and Namibia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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