Report Update Jan 1, 2025

Angola - Flat-Rolled Products of Iron or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Flat-Rolled Steel Products Market 2025

Flat-Rolled Steel Products Market Size in Angola

The Angolan flat-rolled steel products market dropped dramatically to $X in 2021, shrinking by -49.3% 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). Overall, consumption saw a sharp curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Flat-Rolled Steel Products Exports

Exports from Angola

In 2021, overseas shipments of flat-rolled products of iron or non-alloy steel decreased by 0% to X kg, falling for the second consecutive year after two years of decline. Overall, exports saw a deep setback. The smallest decline of 99.9% was in 2020. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, flat-rolled steel products exports amounted to $X in 2021. Over the period under review, exports saw a abrupt decline. The smallest decline of 99.9% was in 2020. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Namibia (X kg) was the main destination for flat-rolled steel products exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Namibia was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Namibia was relatively modest.

Export Prices by Country

In 2021, the average flat-rolled steel products export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a perceptible decline. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2021, the rate of growth in terms of prices for Lebanon amounted to -76.4% per year.

Flat-Rolled Steel Products Imports

Imports into Angola

For the sixth consecutive year, Angola recorded decline in supplies from abroad of flat-rolled products of iron or non-alloy steel, which decreased by -62.5% to X tons in 2021. Overall, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2015 with an increase of 173% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, flat-rolled steel products imports shrank dramatically to $X in 2021. Over the period under review, imports faced a significant decrease. The pace of growth appeared the most rapid in 2015 when imports increased by 199% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest flat-rolled steel products supplier to Angola, accounting for a 79% share of total imports. Moreover, flat-rolled steel products imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold. The third position in this ranking was taken by Italy (X tons), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.6% per year) and Italy (-25.1% per year).

In value terms, France ($X) constituted the largest supplier of flat-rolled products of iron or non-alloy steel to Angola, comprising 73% of total imports. The second position in the ranking was held by China ($X), with an 8.2% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from France totaled -24.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.8% per year) and Italy (-27.3% per year).

Import Prices by Country

The average flat-rolled steel products import price stood at $X per ton in 2021, surging by 54% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, flat-rolled steel products import price increased by +89.4% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat-rolled products of iron or non-alloy steel in the world?

China constituted the country with the largest volume of flat-rolled steel products consumption, comprising approx. 40% of total volume. Moreover, flat-rolled steel products consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. The third position in this ranking was occupied by Brazil, with a 5.8% share.

What are the largest producers of flat-rolled products of iron or non-alloy steel in the world?

China remains the largest flat-rolled steel products producing country worldwide, comprising approx. 44% of total volume. Moreover, flat-rolled steel products production in China exceeded the figures recorded by the second-largest producer, Germany, sevenfold. The third position in this ranking was occupied by Brazil, with a 5.8% share.

What are the leading suppliers of flat-rolled products of iron or non-alloy steel to Angola?

In value terms, the largest flat-rolled steel products suppliers to Angola were China, France and the United Arab Emirates, together comprising 91% of total imports.

What is the average export price for flat-rolled products of iron or non-alloy steel in Angola?

In 2019, the average flat-rolled steel products export price amounted to $1,207 per ton, stabilizing at the previous year.

What is the average import price for flat-rolled products of iron or non-alloy steel in Angola?

In 2020, the average flat-rolled steel products import price amounted to $1,922 per ton, surging by 14% against the previous year.

This report provides an in-depth analysis of the flat-rolled steel products market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm

Country coverage:

Angola

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Angola
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024