Angola: Computing Machinery Market 2024

Computing Machinery Market Size in Angola

The Angolan computing machinery market soared to $X in 2021, jumping by 124% 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). Over the period under review, consumption, however, saw a deep downturn. Computing machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Computing Machinery Exports

Exports from Angola

In 2021, after five years of decline, there was significant growth in shipments abroad of computing machinery and parts and accessories thereof, when their volume increased by 19% to X tons. Overall, exports posted a strong increase. The pace of growth was the most pronounced in 2015 when exports increased by 420% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, computing machinery exports surged to $X in 2021. Over the period under review, exports saw temperate growth. The pace of growth was the most pronounced in 2015 with an increase of 286%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Portugal (X tons) and France (X tons) were the main destinations of computing machinery exports from Angola, with a combined 44% share of total exports. Guinea, the United Arab Emirates, the Netherlands and Belgium lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +116.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Angola were France ($X), the UK ($X) and Portugal ($X), with a combined 45% share of total exports. These countries were followed by the Netherlands, Belgium, the United Arab Emirates and Guinea, which together accounted for a further 6.7%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +223.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average computing machinery export price stood at $X per ton in 2021, reducing by -3% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+35.1%), while the prices for the other major destinations experienced mixed trend patterns.

Computing Machinery Imports

Imports into Angola

Computing machinery imports into Angola soared to X tons in 2021, picking up by 80% on 2020. Overall, imports, however, recorded a abrupt setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, computing machinery imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a pronounced decrease. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of computing machinery to Angola, accounting for a 32% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-13.1% per year) and the United Arab Emirates (-16.4% per year).

In value terms, the largest computing machinery suppliers to Angola were China ($X), Portugal ($X) and the United Arab Emirates ($X), with a combined 43% share of total imports. The Netherlands, the UK, the Czech Republic, Germany, the United States, Hong Kong SAR, Belgium, South Africa, Vietnam and Namibia lagged somewhat behind, together accounting for a further 15%.

Belgium, with a CAGR of +8.7%, saw the highest growth rate of the value of imports, in terms of 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 computing machinery import price stood at $X per ton in 2021, growing by 33% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, computing machinery import price increased by +43.6% against 2019 indices. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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