Angola: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Angola

The Angolan LCDs and plasmas market dropped to $X in 2022, which is down by -6.5% against the previous year. Overall, consumption showed a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Lcds And Plasmas Production in Angola

In value terms, LCDs and plasmas production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by 42%. Production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Lcds And Plasmas Exports

Exports from Angola

In 2022, approx. X units of flat panel video monitor, lcd or plasma were exported from Angola; shrinking by -29% compared with 2021. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 58%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCDs and plasmas exports surged to $X in 2022. In general, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of 181% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X units) was the main destination for LCDs and plasmas exports from Angola, accounting for a 14% share of total exports. Moreover, LCDs and plasmas exports to Austria exceeded the volume sent to the second major destination, Cuba (X units), threefold. The third position in this ranking was taken by Ghana (X units), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume to Austria totaled +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (0.0% per year) and Ghana (0.0% per year).

In value terms, Austria ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Angola, comprising 48% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.5% share of total exports. It was followed by Ghana, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+9.4% per year) and Ghana (+26.5% per year).

Export Prices by Country

In 2022, the average LCDs and plasmas export price amounted to $X per unit, with an increase of 86% against the previous year. Over the period under review, the export price, however, showed a mild slump. The pace of growth appeared the most rapid in 2016 an increase of 106%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Cuba ($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 Germany (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Angola

LCDs and plasmas imports into Angola skyrocketed to X units in 2022, with an increase of 28% on 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 116%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, LCDs and plasmas imports rose modestly to $X in 2022. Overall, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by 124%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Portugal (X units) and France (X units) were the main suppliers of LCDs and plasmas imports to Angola, together comprising 64% of total imports. South Africa, Switzerland, Hong Kong SAR, the United Arab Emirates, Germany and the United States lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +26.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to Angola, comprising 37% of total imports. The second position in the ranking was held by Portugal ($X), with an 18% share of total imports. It was followed by South Africa, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-19.4% per year) and South Africa (-6.9% per year).

Import Prices by Country

The average LCDs and plasmas import price stood at $X per unit in 2022, with a decrease of -20.4% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCDs and plasmas import price decreased by -40.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the price for Switzerland ($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 States (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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