Angola: Leather Footwear Market 2022

Leather Footwear Market Size in Angola

The Angolan leather footwear market declined to $X in 2017, with a decrease of -X% 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). In general, the total consumption indicated a buoyant expansion from 2007 to 2017: its value 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 2017 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Leather Footwear Exports

Exports from Angola

In 2017, approx. X pairs of leather footwear were exported from Angola; waning by -X% compared with 2016. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Angola exports peaked at X pairs in 2012; however, from 2013 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports shrank dramatically to $X in 2017. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2017, exports stood at a somewhat lower figure.

Exports by Country

In 2017, China (X pairs) represented the main exporter of leather footwear, creating X% of total exports. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together creating a X% share of total exports. Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) occupied a little share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Vietnam recorded the highest rates of growth with regard to the value of exports, in terms of 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 leather footwear export price in Angola stood at $X per pair in 2017, reducing by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. As a result, export price reached the peak level of $X per pair. from 2016 to 2017, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Angola

In 2017, overseas purchases of leather footwear increased by X% to X pairs, rising for the second consecutive year after three years of decline. In general, imports posted strong growth. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Angola imports peaked in 2017 and are expected to retain growth in the near future.

In value terms, leather footwear imports contracted to $X in 2017. Over the period under review, total imports indicated buoyant growth from 2007 to 2017: its value 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 2017 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) represented the key importers of leather footwear, together mixing up X% of total imports. The following importers - Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) - together made up X% of total imports.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Angola, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United States stood at -X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Angola stood at $X per pair in 2017, with a decrease of -X% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2009 when the import price increased by X% y-o-y. Angola import price peaked at $X per pair in 2015; however, from 2016 to 2017, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2017, the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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