Angola - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Accordion Market 2024
Accordion Market Size in Angola
The Angolan accordion market soared to $X in 2021, rising by 51% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a abrupt downturn. Accordion consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.
Accordion Exports
Exports from Angola
In 2021, after two years of growth, there was significant decline in shipments abroad of accordions and mouth organs, when their volume decreased by -9.8% to X units. Overall, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 191% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, accordion exports skyrocketed to $X in 2021. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 188% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Mozambique (X units), Cuba (X units) and South Africa (X units) were the main destinations of accordion exports from Angola, together comprising 70% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (with a CAGR of +369.0%), while the other leaders experienced more modest paces of growth.
In value terms, Mozambique ($X) emerged as the key foreign market for accordions and mouth organs exports from Angola, comprising 49% of total exports. The second position in the ranking was taken by Brazil ($X), with a 22% share of total exports. It was followed by South Africa, with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Mozambique was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+216.2% per year) and South Africa (-6.7% per year).
Export Prices by Country
The average accordion export price stood at $X per unit in 2021, surging by 116% against the previous year. Overall, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2019 an increase of 147%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Cuba ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+76.1%), while the prices for the other major destinations experienced more modest paces of growth.
Accordion Imports
Imports into Angola
In 2021, accordion imports into Angola surged to X units, jumping by 56% compared with the year before. In general, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of 799%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, accordion imports soared to $X in 2021. Overall, imports, however, showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 779%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Austria (X units) was the main supplier of accordion to Angola, accounting for a 98% share of total imports. It was followed by China (X units), with a 1% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Austria amounted to +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-32.1% per year) and Portugal (-52.5% per year).
In value terms, Austria ($X) constituted the largest supplier of accordions and mouth organs to Angola, comprising 97% of total imports. The second position in the ranking was taken by China ($X), with a 0.1% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Austria totaled -14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-52.1% per year) and Portugal (-59.7% per year).
Import Prices by Country
In 2021, the average accordion import price amounted to $X per unit, which is down by -24.4% against the previous year. Over the period under review, the import price faced a sharp decrease. The growth pace was the most rapid in 2015 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-15.1%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the accordion 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 32201340 - Accordions and similar instruments, mouth organs
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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