Angola: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Angola

The Angolan market for footwear with uppers of textile materials dropped to $X in 2022, declining by -9.5% 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, consumption continues to indicate a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Angola

In 2022, after five years of growth, there was significant decline in overseas shipments of footwear with uppers of textile materials, when their volume decreased by -16% to X pairs. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 332%. The exports peaked at X pairs in 2021, and then declined notably in the following year.

In value terms, exports of footwear with uppers of textile materials dropped sharply to $X in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 314% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Democratic Republic of the Congo (X pairs) was the main destination for exports of footwear with uppers of textile materials from Angola, accounting for a 75% share of total exports. Moreover, exports of footwear with uppers of textile materials to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Sao Tome and Principe (X pairs), more than tenfold. The third position in this ranking was taken by Portugal (X pairs), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+41.2% per year) and Portugal (+23.0% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for footwear with uppers of textile materials exports from Angola, comprising 80% of total exports. The second position in the ranking was taken by Sao Tome and Principe ($X), with a 5.2% share of total exports. It was followed by Portugal, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at +44.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+28.5% per year) and Portugal (+25.7% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, with a decrease of -6.4% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for footwear with uppers of textile materials increased by +36.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 48% against the previous year. The export price peaked at $X per pair in 2021, and then reduced in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Democratic Republic of the Congo ($X per pair) and Sao Tome and Principe ($X per pair), while the average price for exports to Namibia ($X per pair) and the Netherlands ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports into Angola

In 2022, the amount of footwear with uppers of textile materials imported into Angola shrank significantly to X pairs, dropping by -27.6% on the year before. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of 187% against the previous year. As a result, imports reached the peak of X pairs. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear with uppers of textile materials reduced to $X in 2022. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 200%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of footwear with uppers of textile materials to Angola, with a 64% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Brazil (X pairs), fivefold. Portugal (X pairs) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-13.6% per year) and Portugal (-17.4% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Angola, comprising 71% of total imports. The second position in the ranking was held by Brazil ($X), with a 7.3% share of total imports. It was followed by Portugal, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-14.6% per year) and Portugal (-14.9% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, increasing by 30% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear with uppers of textile materials increased by +76.5% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for South Africa ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :