Angola: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Angola

The Angolan geometrical quantities electronic measurer market dropped to $X in 2022, which is down by -10.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Angola

In 2022, the amount of electronic instruments and machines for measuring geometrical quantities exported from Angola dropped modestly to X units, shrinking by -1.8% against the previous year. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 363% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, geometrical quantities electronic measurer exports shrank remarkably to $X in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 442% 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

The UK (X units), Sweden (X units) and Nigeria (X units) were the main destinations of geometrical quantities electronic measurer exports from Angola, together accounting for 55% of total exports. Singapore, the United Arab Emirates, France, Germany, the United States, Belgium, South Korea, the Netherlands, Cote d'Ivoire and Brazil lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +119.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for geometrical quantities electronic measurer exported from Angola were the United Arab Emirates ($X), the UK ($X) and the United States ($X), together accounting for 48% of total exports. Sweden, France, Nigeria, Singapore, the Netherlands, South Korea, Cote d'Ivoire, Belgium, Germany and Brazil lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Singapore, with a CAGR of +64.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average geometrical quantities electronic measurer export price amounted to $X per unit, falling by -15.4% against the previous year. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in 2015 an increase of 47% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Brazil ($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 the United States (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Angola

Geometrical quantities electronic measurer imports into Angola reduced slightly to X units in 2022, remaining constant against 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports declined sharply to $X in 2022. In general, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 with an increase of 72%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest geometrical quantities electronic measurer supplier to Angola, with a 43% share of total imports. Moreover, geometrical quantities electronic measurer imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. The third position in this ranking was held by South Africa (X units), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-0.1% per year) and South Africa (+28.1% per year).

In value terms, the largest geometrical quantities electronic measurer suppliers to Angola were Norway ($X), Portugal ($X) and China ($X), together accounting for 36% of total imports.

Among the main suppliers, Norway, with a CAGR of +39.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, waning by -15.7% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 24%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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