Angola: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Angola

After two years of decline, the Angolan market for equipment for scaffolding, shuttering, propping or pit propping increased by 951% to $X in 2021. Overall, consumption, however, saw a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Angola

In 2021, scaffolding, shuttering, and propping equipment exports from Angola skyrocketed to X tons, with an increase of 76% on 2020 figures. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 567%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports rose sharply to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 278% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for scaffolding, shuttering, and propping equipment exports from Angola, with a 66% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), fivefold. Congo (X tons) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo totaled +117.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+43.4% per year) and Congo (+55.6% per year).

In value terms, the largest markets for scaffolding, shuttering, and propping equipment exported from Angola were Democratic Republic of the Congo ($X), Cote d'Ivoire ($X) and South Africa ($X), with a combined 54% share of total exports.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of +107.7%, recorded the highest rates of growth with regard to 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 2021, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, with a decrease of -37.3% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 52%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+60.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Angola

In 2021, purchases abroad of equipment for scaffolding, shuttering, propping or pit propping was finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a deep reduction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt decline. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Portugal (X tons) constituted the largest supplier of scaffolding, shuttering, and propping equipment to Angola, accounting for a 45% share of total imports. Moreover, scaffolding, shuttering, and propping equipment imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Kuwait (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from Portugal amounted to -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.4% per year) and Kuwait (+17.1% per year).

In value terms, Portugal ($X) constituted the largest supplier of equipment for scaffolding, shuttering, propping or pit propping to Angola, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Kuwait, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at -17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.9% per year) and Kuwait (+31.3% per year).

Import Prices by Country

In 2021, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, reducing by -20% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, scaffolding, shuttering, and propping equipment import price increased by +42.4% against 2016 indices. The growth pace was the most rapid in 2014 an increase of 39%. The import price peaked at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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