Report Update Jan 1, 2025

Angola - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Concrete Reinforcing Bar Market 2025

Concrete Reinforcing Bar Market Size in Angola

In 2021, the Angolan concrete reinforcing bar market decreased by -3% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a dramatic shrinkage. Concrete reinforcing bar consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Concrete Reinforcing Bar Production in Angola

In value terms, concrete reinforcing bar production surged to $X in 2021 estimated in export price. Overall, production posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. Over the period under review, production attained the peak level in 2021 and is likely to see gradual growth in the near future.

Concrete Reinforcing Bar Exports

Exports from Angola

In 2022, approx. X tons of concrete reinforcing bars were exported from Angola; with an increase of 211% compared with 2021 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 2,849%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, concrete reinforcing bar exports soared to $X in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 2,965% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for concrete reinforcing bar exports from Angola, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +56.4%.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for concrete reinforcing bars exports from Angola.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo amounted to +56.9%.

Export Prices by Country

The average concrete reinforcing bar export price stood at $X per ton in 2022, picking up by 4.7% against the previous year. Overall, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +0.3% per year.

Concrete Reinforcing Bar Imports

Imports into Angola

In 2022, purchases abroad of concrete reinforcing bars increased by 5% to X tons for the first time since 2012, thus ending a nine-year declining trend. In general, imports, however, recorded a sharp slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, concrete reinforcing bar imports contracted modestly to $X in 2022. Overall, imports, however, faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Turkey (X tons) were the main suppliers of concrete reinforcing bar imports to Angola, together accounting for 89% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +69.3%), while imports for the other leaders experienced a decline.

In value terms, India ($X), China ($X) and Turkey ($X) appeared to be the largest concrete reinforcing bar suppliers to Angola, with a combined 84% share of total imports.

Among the main suppliers, India, with a CAGR of +56.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average concrete reinforcing bar import price stood at $X per ton in 2022, falling by -7.7% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +3.8% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concrete reinforcing bars in the world?

China remains the largest concrete reinforcing bar consuming country worldwide, accounting for 19% of total volume. Moreover, concrete reinforcing bar consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the largest producers of concrete reinforcing bars in the world?

The countries with the highest volumes of in 2021 were China, Turkey and the United States, with a combined 38% share of global production. India, Japan, Russia, Brazil, Mexico, Vietnam, the Philippines, Nigeria, Iran and Egypt lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of concrete reinforcing bars to Angola?

In value terms, Brazil constituted the largest supplier of concrete reinforcing bar to Angola, comprising 36% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by Ukraine, with a 14% share.

What are the leading importers of concrete reinforcing bars from Angola?

In value terms, Benin and Senegal appeared to be the largest markets for concrete reinforcing bar exported from Angola worldwide.

What is the average export price for concrete reinforcing bars in Angola?

The average concrete reinforcing bar export price stood at $575 per ton in 2021, with a decrease of -9.9% against the previous year.

What is the average import price for concrete reinforcing bars in Angola?

The average concrete reinforcing bar import price stood at $863 per ton in 2021, rising by 15% against the previous year.

This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
Prodcom 24106210 - Hot-rolled concrete reinforcing bars

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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024