Angola: Ball Market 2024

Ball Market Size in Angola

The Angolan ball market was estimated at $X in 2022, growing by 14% against the previous year. Overall, consumption, however, showed a pronounced decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ball Production in Angola

In value terms, ball production rose modestly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the production volume increased by 21%. Ball production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ball Exports

Exports from Angola

In 2022, after two years of growth, there was significant decline in overseas shipments of balls, when their volume decreased by -50.8% to X units. Overall, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 256% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ball exports declined to $X in 2022. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 181%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X units), Spain (X units) and Sao Tome and Principe (X units) were the main destinations of ball exports from Angola, with a combined 65% share of total exports.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +88.6%), while the other leaders experienced more modest paces of growth.

In value terms, Sao Tome and Principe ($X), South Africa ($X) and Spain ($X) constituted the largest markets for ball exported from Angola worldwide, together comprising 65% of total exports.

Spain, with a CAGR of +37.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball export price stood at $X per unit in 2022, jumping by 93% against the previous year. Overall, the export price, however, continues to indicate a deep setback. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Imports

Imports into Angola

In 2022, approx. X units of balls were imported into Angola; jumping by 191% on 2021 figures. In general, imports recorded a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ball imports skyrocketed to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 166% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ball to Angola, accounting for a 86% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), more than tenfold. South Africa (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-16.7% per year) and South Africa (-9.8% per year).

In value terms, China ($X) constituted the largest supplier of balls to Angola, comprising 77% of total imports. The second position in the ranking was taken by Portugal ($X), with an 8.8% share of total imports. It was followed by South Africa, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-13.7% per year) and South Africa (-4.2% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, with a decrease of -30.8% against the previous year. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, 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 South Africa ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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