Angola: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Angola

The Angolan leather sports gloves market dropped sharply to $X in 2022, shrinking by -26% 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 showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Leather Sports Gloves Exports

Exports from Angola

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported from Angola; jumping by 40% compared with 2021. Over the period under review, exports, however, saw a precipitous decline. The most prominent rate of growth was recorded in 2015 with an increase of 168% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, leather sports gloves exports soared to $X in 2022. In general, exports, however, faced a precipitous descent. The growth pace was the most rapid in 2015 when exports increased by 94%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Philippines (X units), France (X units) and Portugal (X units) were the main destinations of leather sports gloves exports from Angola, with a combined 86% share of total exports. Kazakhstan lagged somewhat behind, accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the Philippines ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from Angola, comprising 50% of total exports. The second position in the ranking was taken by Portugal ($X), with a 17% share of total exports. It was followed by Kazakhstan, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines totaled -38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-25.5% per year) and Kazakhstan (0.0% per year).

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, declining by -14.3% against the previous year. In general, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2014 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-2.5%), while the prices for the other major destinations experienced a decline.

Leather Sports Gloves Imports

Imports into Angola

Leather sports gloves imports into Angola declined to X units in 2022, which is down by -11.5% on the previous year's figure. Overall, imports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 237% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports contracted dramatically to $X in 2022. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by 249%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X units), China (X units) and Portugal (X units) were the main suppliers of leather sports gloves imports to Angola, with a combined 48% share of total imports. Belgium, the United Arab Emirates, Germany, Brazil, Hong Kong SAR, Singapore, Italy, the UK, Canada and the United States lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +11.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), South Africa ($X) and Italy ($X) appeared to be the largest leather sports gloves suppliers to Angola, with a combined 53% share of total imports. The UK, Hong Kong SAR, China, Canada, Brazil, Germany, the United Arab Emirates, Singapore, the United States and Belgium lagged somewhat behind, together comprising a further 28%.

Canada, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, shrinking by -23.7% against the previous year. In general, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined dramatically in the following year.

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 Italy ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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