Angola: Electrical Insulator Market 2025

Electrical Insulator Market Size in Angola

The Angolan electrical insulator market contracted dramatically to less than $X in 2022, shrinking by 99.9% against the previous year. Overall, consumption faced a dramatic contraction. Electrical insulator consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Electrical Insulator Production in Angola

In value terms, electrical insulator production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Electrical Insulator Exports

Exports from Angola

In 2022, the amount of electrical insulators exported from Angola declined dramatically to less than X units, shrinking by 99.9% compared with the year before. In general, exports, however, posted a significant expansion. The exports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, electrical insulator exports shrank to $X in 2022. Overall, exports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2020 with an increase of 876% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for electrical insulator exports from Angola, accounting for a 72% share of total exports. Moreover, electrical insulator exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Congo (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a 7.3% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +242.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+137.8% per year) and the Netherlands (+93.4% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for electrical insulators exports from Angola, comprising 73% of total exports. The second position in the ranking was held by Congo ($X), with a 17% share of total exports. It was followed by the Netherlands, with a 6.9% share.

From 2017 to 2021, the average annual growth rate of value to Democratic Republic of the Congo stood at +283.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+158.5% per year) and the Netherlands (+50.7% per year).

Export Prices by Country

In 2021, the average electrical insulator export price amounted to $X per unit, almost unchanged from the previous year. Overall, the export price showed a precipitous setback. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Democratic Republic of the Congo ($X per unit) and Congo ($X per unit), while the average price for exports to the UK ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulator Imports

Imports into Angola

In 2022, the amount of electrical insulators imported into Angola contracted remarkably to X units, with a decrease of -76.3% on 2021 figures. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 221% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, electrical insulator imports dropped markedly to $X in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 102% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Spain (X units) and Portugal (X units) were the main suppliers of electrical insulator imports to Angola, with a combined 65% share of total imports. Brazil, Ukraine, Italy and the UK lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and Italy ($X) appeared to be the largest electrical insulator suppliers to Angola, together accounting for 53% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +2.8%, 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 electrical insulator import price stood at $X per unit in 2022, falling by -8.8% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 302% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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