Report Update Nov 1, 2024

Angola - Electric Soldering Irons and Guns - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Electric Soldering Iron Market 2024

Electric Soldering Iron Market Size in Angola

In 2022, the Angolan electric soldering iron market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption recorded a deep slump. Electric soldering iron consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Electric Soldering Iron Exports

Exports from Angola

In 2022, shipments abroad of electric soldering irons and guns decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, electric soldering iron exports contracted notably to $X in 2022. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for electric soldering iron exports from Angola, with a X% share of total exports. Moreover, electric soldering iron exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Congo (X units), more than tenfold. The third position in this ranking was taken by Namibia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Namibia (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for electric soldering irons and guns exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Congo ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Portugal (X% per year).

Export Prices by Country

In 2022, the average electric soldering iron export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports into Angola

In 2022, after three years of growth, there was significant decline in supplies from abroad of electric soldering irons and guns, when their volume decreased by X% to X units. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, electric soldering iron imports reduced notably to $X in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric soldering iron to Angola, with a X% share of total imports. Moreover, electric soldering iron imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of electric soldering irons and guns to Angola, comprising X% of total imports. The second position in the ranking was taken by Portugal ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average electric soldering iron import price amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for China amounted to $X per unit.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric soldering irons and guns in the world?

South Africa remains the largest electric soldering iron consuming country worldwide, accounting for 46% of total volume. Moreover, electric soldering iron consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the largest producers of electric soldering irons and guns in the world?

China remains the largest electric soldering iron producing country worldwide, comprising approx. 57% of total volume. Moreover, electric soldering iron production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Mexico ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of electric soldering irons and guns to Angola?

In value terms, China constituted the largest supplier of electric soldering iron to Angola, comprising 62% of total imports. The second position in the ranking was occupied by Portugal, with an 11% share of total imports. It was followed by Switzerland, with a 7.8% share.

What are the leading importers of electric soldering irons and guns from Angola?

In value terms, Norway $540) emerged as the key foreign market for electric soldering iron exports from Angola, comprising 95% of total exports. The second position in the ranking was occupied by Portugal $30), with a 5.3% share of total exports.

What is the average export price for electric soldering irons and guns in Angola?

The average electric soldering iron export price stood at $77 per unit in 2021, growing by 800% against the previous year.

What is the average import price for electric soldering irons and guns in Angola?

In 2021, the average electric soldering iron import price amounted to $3.1 per unit, which is down by -7.1% against the previous year.

This report provides an in-depth analysis of the electric soldering iron 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 27903109 - Electric soldering irons and guns

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