Angola: Electrical Transformer Market 2025

Electrical Transformer Market Size in Angola

The Angolan electrical transformer market dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a pronounced descent. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electrical Transformer Production in Angola

In value terms, electrical transformer production declined to $X in 2022 estimated in export price. Overall, production saw a perceptible reduction. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Electrical Transformer Exports

Exports from Angola

In 2022, the amount of electrical transformers exported from Angola surged to X units, with an increase of X% on 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical transformer exports soared to $X in 2022. In general, exports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X units) was the main destination for electrical transformer exports from Angola, with a X% share of total exports. Moreover, electrical transformer exports to Mauritania exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. The third position in this ranking was taken by South Korea (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and South Korea (X% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for electrical transformers exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

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

Export Prices by Country

In 2022, the average electrical transformer export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price faced a dramatic curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Mauritania ($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 Sao Tome and Principe (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Transformer Imports

Imports into Angola

In 2022, electrical transformer imports into Angola fell remarkably to X units, waning by X% against the previous year's figure. In general, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electrical transformer imports soared to $X in 2022. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Portugal (X units), China (X units) and the United States (X units) were the main suppliers of electrical transformer imports to Angola, together accounting for X% of total imports. Sweden, South Africa, South Korea, Spain, Poland and Swaziland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), China ($X) and Spain ($X) appeared to be the largest electrical transformer suppliers to Angola, together accounting for X% of total imports. The United States, Poland, South Africa, South Korea, Sweden and Swaziland lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average electrical transformer import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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