Angola: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Angola

The Angolan fluorescent discharge lamps market expanded modestly to $X in 2021, increasing by 4.1% 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, however, continues to indicate a abrupt shrinkage. Fluorescent discharge lamps consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Fluorescent Discharge Lamps Exports

Exports from Angola

In 2021, the amount of fluorescent discharge lamps exported from Angola dropped notably to X units, falling by -34.5% compared with the previous year's figure. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2018 with an increase of 690%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports reduced to $X in 2021. Overall, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2018 with an increase of 588% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for fluorescent discharge lamps exports from Angola, with a 68% share of total exports. Moreover, fluorescent discharge lamps exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Namibia (X units), sevenfold. The third position in this ranking was held by China (X units), with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+22.5% per year) and China (-11.1% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for fluorescent discharge lamps exports from Angola, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 7.9% share of total exports. It was followed by Portugal, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+14.5% per year) and Portugal (-30.4% per year).

Export Prices by Country

In 2021, the average fluorescent discharge lamps export price amounted to $X per unit, surging by 42% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 108% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Angola

In 2021, imports of fluorescent discharge lamps into Angola expanded slightly to X units, growing by 2.5% on the previous year. Overall, imports, however, continue to indicate a significant decrease. The growth pace was the most rapid in 2019 when imports increased by 147% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports expanded sharply to $X in 2021. Over the period under review, imports, however, faced a abrupt curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest fluorescent discharge lamps supplier to Angola, with a 72% share of total imports. Moreover, fluorescent discharge lamps imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), fivefold. South Africa (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-22.0% per year) and South Africa (-4.2% per year).

In value terms, China ($X), Portugal ($X) and France ($X) appeared to be the largest fluorescent discharge lamps suppliers to Angola, together comprising 69% of total imports.

In terms of the main suppliers, France, with a CAGR of +1.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, with an increase of 5.7% against the previous year. Overall, the import price saw a temperate expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 131% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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