Report Update Nov 1, 2024

Angola - Base Metal Hooks, Eyes and Eyelets - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Base Metal Hook Market 2024

Base Metal Hook Market Size in Angola

In 2022, the Angolan base metal hook market increased by 5.1% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw a relatively flat trend pattern. Base metal hook consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Base Metal Hook Exports

Exports from Angola

In 2022, after three years of decline, there was decline in overseas shipments of base metal hooks, eyes and eyelets, when their volume decreased by 0% to X kg. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by 491% against the previous year. As a result, the exports reached the peak of X kg. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, base metal hook exports reached $X in 2022. In general, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when exports increased by 596% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X kg) was the main destination for base metal hook exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to -18.2%.

In value terms, Norway ($X) also remains the key foreign market for base metal hooks, eyes and eyelets exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at -2.3%.

Export Prices by Country

The average base metal hook export price stood at $X per ton in 2022, picking up by 10% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 87% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +19.5% per year.

Base Metal Hook Imports

Imports into Angola

In 2022, purchases abroad of base metal hooks, eyes and eyelets increased by 45% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports showed a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 959% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, base metal hook imports contracted remarkably to $X in 2022. In general, imports, however, saw a perceptible contraction. The growth pace was the most rapid in 2017 when imports increased by 541%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of base metal hook to Angola, with a 96% share of total imports. It was followed by Portugal (X tons), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.9%.

In value terms, China ($X) constituted the largest supplier of base metal hooks, eyes and eyelets to Angola, comprising 68% of total imports. The second position in the ranking was taken by Portugal ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.3%.

Import Prices by Country

The average base metal hook import price stood at $X per ton in 2022, dropping by -52% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal hooks, eyes and eyelets in the world?

China remains the largest base metal hook consuming country worldwide, accounting for 38% of total volume. Moreover, base metal hook consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of base metal hooks, eyes and eyelets in the world?

The country with the largest volume of base metal hook production was China, accounting for 58% of total volume. Moreover, base metal hook production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the leading suppliers of base metal hooks, eyes and eyelets to Angola?

In value terms, China constituted the largest supplier of base metal hook to Angola, comprising 45% of total imports. The second position in the ranking was occupied by Portugal, with an 18% share of total imports. It was followed by Italy, with a 6.2% share.

What are the leading importers of base metal hooks, eyes and eyelets from Angola?

In value terms, Norway $448) remains the key foreign market for base metal hook exports from Angola.

What is the average export price for base metal hooks, eyes and eyelets in Angola?

In 2021, the average base metal hook export price amounted to $11,487 per ton, growing by 26% against the previous year.

What is the average import price for base metal hooks, eyes and eyelets in Angola?

In 2021, the average base metal hook import price amounted to $4,114 per ton, with a decrease of -13.7% against the previous year.

This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023