Angola - Aluminium Tube or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Aluminium Pipe Fittings Market 2024
Aluminium Pipe Fittings Market Size in Angola
After three years of growth, the Angolan aluminium pipe fittings market decreased by -53.5% to $X in 2021. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Aluminium Pipe Fittings Exports
Exports from Angola
In 2021, shipments abroad of aluminium tube or pipe fittings increased by 61% to X kg, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 824% against the previous year. The exports peaked at X kg in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
In value terms, aluminium pipe fittings exports skyrocketed to $X in 2021. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 308% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.
Exports by Country
South Africa (X kg) was the main destination for aluminium pipe fittings exports from Angola, accounting for a 97% share of total exports. It was followed by Norway (X kg), with a 2.8% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to South Africa totaled +20.4%.
In value terms, the largest markets for aluminium pipe fittings exported from Angola were South Africa ($X) and Norway ($X).
Among the main countries of destination, South Africa, with a CAGR of +4.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
In 2021, the average aluminium pipe fittings export price amounted to $X per ton, with an increase of 2.9% against the previous year. Overall, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 100%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to South Africa stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-13.0%), while the prices for the other major destinations experienced a decline.
Aluminium Pipe Fittings Imports
Imports into Angola
After three years of growth, purchases abroad of aluminium tube or pipe fittings decreased by -50.3% to X tons in 2021. Overall, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of 339%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.
In value terms, aluminium pipe fittings imports declined sharply to $X in 2021. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when imports increased by 180% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of aluminium pipe fittings to Angola, accounting for a 51% share of total imports. Moreover, aluminium pipe fittings imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with a 4% share.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-9.9% per year) and Brazil (+2.9% per year).
In value terms, Portugal ($X), China ($X) and Brazil ($X) appeared to be the largest aluminium pipe fittings suppliers to Angola, together accounting for 32% of total imports. These countries were followed by Spain, the United States, France, Belgium and South Africa, which together accounted for a further 23%.
In terms of the main suppliers, Spain, with a CAGR of +57.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average aluminium pipe fittings import price amounted to $X per ton, waning by -16% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 56% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+2.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aluminium pipe fittings 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 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)
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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