Report Update Nov 1, 2024

Angola - Furnace Burners for Solid Fuel or Gas - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Furnace Burners For Solid Fuel Or Gas 2022

Market Size for Furnace Burners For Solid Fuel Or Gas in Angola

The Angolan solid fuel furnace burner market soared to $X in 2021, rising by 2,172% 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). Over the period under review, consumption posted strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Angola

In 2021, overseas shipments of furnace burners for solid fuel or gas increased by 2,281% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, solid fuel furnace burner exports expanded rapidly to $X in 2021. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 172% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sao Tome and Principe (X tons) was the main destination for solid fuel furnace burner exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sao Tome and Principe totaled +568.7%.

In value terms, Sao Tome and Principe ($X) emerged as the key foreign market for solid fuel furnace burner exports from Angola.

From 2012 to 2021, the average annual rate of growth in terms of value to Sao Tome and Principe stood at +432.7%.

Export Prices by Country

The average solid fuel furnace burner export price stood at $X per ton in 2021, falling by -95.5% against the previous year. In general, the export price showed a sharp reduction. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -2.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Sao Tome and Principe.

From 2012 to 2021, the rate of growth in terms of prices for Congo amounted to -13.2% per year.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Angola

In 2021, approx. X tons of furnace burners for solid fuel or gas were imported into Angola; growing by 2,246% on 2020 figures. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, solid fuel furnace burner imports skyrocketed to $X in 2021. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the main solid fuel furnace burner supplier to Angola, accounting for a 91% share of total imports. Moreover, solid fuel furnace burner imports from India exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Portugal (X tons) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at +91.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+67.5% per year) and Portugal (-12.2% per year).

In value terms, India ($X) constituted the largest supplier of solid fuel furnace burner to Angola, comprising 62% of total imports. The second position in the ranking was held by Italy ($X), with a 29% share of total imports. It was followed by the United States, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +96.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+72.3% per year) and the United States (-13.4% per year).

Import Prices by Country

In 2021, the average solid fuel furnace burner import price amounted to $X per ton, waning by -10.3% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 116%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Congo (+5.0%), 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 furnace burners for solid fuel or gas in the world?

China constituted the country with the largest volume of solid fuel furnace burner consumption, comprising approx. 24% of total volume. Moreover, solid fuel furnace burner consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, twofold. India ranked third in terms of total consumption with a 9.2% share.

What are the largest producers of furnace burners for solid fuel or gas in the world?

The country with the largest volume of solid fuel furnace burner production was China, accounting for 31% of total volume. Moreover, solid fuel furnace burner 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 an 8.2% share.

What are the leading suppliers of furnace burners for solid fuel or gas to Angola?

In value terms, Portugal, Italy and the United States were the largest solid fuel furnace burner suppliers to Angola, together accounting for 73% of total imports. These countries were followed by Congo, the UK, the United Arab Emirates and China, which together accounted for a further 18%.

What are the leading importers of furnace burners for solid fuel or gas from Angola?

In value terms, Congo remains the key foreign market for solid fuel furnace burner exports from Angola.

What is the average export price for furnace burners for solid fuel or gas in Angola?

In 2021, the average solid fuel furnace burner export price amounted to $8,652 per ton, growing by 5.8% against the previous year.

What is the average import price for furnace burners for solid fuel or gas in Angola?

The average solid fuel furnace burner import price stood at $27,650 per ton in 2021, increasing by 5.3% against the previous year.

This report provides an in-depth analysis of the market for solid fuel furnace burner 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 28211150 - Furnace burners for solid fuel or gas (including combination burners)

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