Angola: Resistor Market 2024

Resistor Market Size in Angola

The Angolan resistor market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption posted a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Resistor Production in Angola

In value terms, resistor production expanded significantly to $X in 2022 estimated in export price. Overall, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Resistor production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Resistor Exports

Exports from Angola

In 2022, shipments abroad of electrical resistors (except heating resistors) increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, resistor exports skyrocketed to $X in 2022. In general, exports continue to indicate a strong increase. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X units), the Netherlands (X units) and France (X units) were the main destinations of resistor exports from Angola, with a combined X% share of total exports.

From 2015 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) emerged as the key foreign market for electrical resistors (except heating resistors) exports from Angola, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Mozambique was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average resistor export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to France (less than $X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X.7%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports

Imports into Angola

In 2022, purchases abroad of electrical resistors (except heating resistors) decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, resistor imports shrank remarkably to $X in 2022. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest resistor supplier to Angola, accounting for a X% share of total imports. Moreover, resistor imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Portugal (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Portugal (X% per year).

In value terms, the UK ($X) constituted the largest supplier of electrical resistors (except heating resistors) to Angola, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average resistor import price amounted to $X per thousand units, falling by X% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per thousand units in 2016; however, from 2017 to 2022, 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 Belarus ($X per thousand units), while the price for the United States ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :