Report Update Nov 1, 2024

Angola - Flywheels and Pulleys - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in Angola

After three years of decline, the Angolan flywheels and pulleys market increased by 39% to $X in 2021. Over the period under review, consumption, however, saw a abrupt decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Flywheels And Pulleys Exports

Exports from Angola

In 2021, shipments abroad of flywheels and pulleys was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decrease. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, flywheels and pulleys exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Senegal (X tons), the UK (X tons) and Norway (X kg) were the main destinations of flywheels and pulleys exports from Angola, with a combined 77% share of total exports. Namibia, the United States, Indonesia, Sweden, Congo and the United Arab Emirates lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Namibia (with a CAGR of +41.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for flywheels and pulleys exports from Angola, comprising 57% of total exports. The second position in the ranking was taken by Namibia ($X), with a 13% share of total exports. It was followed by Norway, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+37.3% per year) and Norway (+29.3% per year).

Export Prices by Country

The average flywheels and pulleys export price stood at $X per ton in 2021, increasing by 54% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

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 Indonesia ($X per ton), while the average price for exports to Senegal ($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 the UK (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels And Pulleys Imports

Imports into Angola

In 2021, after three years of decline, there was significant growth in overseas purchases of flywheels and pulleys, when their volume increased by 61% to X tons. Over the period under review, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 74%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, flywheels and pulleys imports surged to $X in 2021. In general, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 93%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Portugal (X tons) and Russia (X tons) were the main suppliers of flywheels and pulleys imports to Angola, together accounting for 70% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +58.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of flywheels and pulleys to Angola, comprising 23% of total imports. The second position in the ranking was taken by Russia ($X), with a 10% share of total imports. It was followed by the United States, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+54.1% per year) and the United States (-24.4% per year).

Import Prices by Country

The average flywheels and pulleys import price stood at $X per ton in 2021, which is down by -21.7% against the previous year. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.8%), 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 flywheels and pulleys in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 46% of global consumption.

What are the largest producers of flywheels and pulleys in the world?

China remains the largest flywheels and pulleys producing country worldwide, accounting for 32% of total volume. Moreover, flywheels and pulleys production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.4% share.

What are the leading suppliers of flywheels and pulleys to Angola?

In value terms, the largest flywheels and pulleys suppliers to Angola were China, South Africa and the United States, together accounting for 43% of total imports.

What are the leading importers of flywheels and pulleys from Angola?

In value terms, the largest markets for flywheels and pulleys exported from Angola were Congo, South Africa and Portugal, together accounting for 85% of total exports.

What is the average export price for flywheels and pulleys in Angola?

The average flywheels and pulleys export price stood at $7,125 per ton in 2021, growing by 18% against the previous year.

What is the average import price for flywheels and pulleys in Angola?

The average flywheels and pulleys import price stood at $6,507 per ton in 2021, which is down by -13.6% against the previous year.

This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023