Angola - Inductors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Inductor Market 2024
Inductor Market Size in Angola
In 2022, the Angolan inductor market decreased by -5.5% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption recorded a abrupt contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.
Inductor Exports
Exports from Angola
In 2022, approx. X units of inductors were exported from Angola; reducing by -65.1% against the previous year. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 318% against the previous year. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.
In value terms, inductor exports soared to $X in 2022. Over the period under review, exports saw a drastic downturn. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Exports by Country
China (X units) was the main destination for inductor exports from Angola, with a 64% share of total exports. Moreover, inductor exports to China exceeded the volume sent to the second major destination, Belgium (X units), threefold. The third position in this ranking was taken by Norway (X units), with a 6.5% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +115.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+1.8% per year) and Norway (+40.7% per year).
In value terms, China ($X) emerged as the key foreign market for inductors exports from Angola, comprising 48% of total exports. The second position in the ranking was held by the UK ($X), with a 9.9% share of total exports. It was followed by the Netherlands, with a 6.4% share.
From 2012 to 2022, the average annual growth rate of value to China stood at +70.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-6.3% per year) and the Netherlands (-0.9% per year).
Export Prices by Country
The average inductor export price stood at $X per unit in 2022, surging by 578% against the previous year. In general, the export price, however, showed a deep reduction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Democratic Republic of the Congo (less than $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 the United Arab Emirates (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Inductor Imports
Imports into Angola
In 2022, approx. X units of inductors were imported into Angola; dropping by -22.2% against the year before. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 569%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.
In value terms, inductor imports amounted to $X in 2022. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 650%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.
Imports by Country
Brazil (X units), Spain (X units) and China (X units) were the main suppliers of inductor imports to Angola, together accounting for 50% of total imports. Portugal, Switzerland, France, Thailand, Austria, the United States and Germany lagged somewhat behind, together comprising a further 39%.
From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +79.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Brazil ($X) constituted the largest supplier of inductors to Angola, comprising 20% of total imports. The second position in the ranking was held by Switzerland ($X), with an 8.2% share of total imports. It was followed by France, with a 7.1% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+55.0% per year) and France (+27.1% per year).
Import Prices by Country
The average inductor import price stood at $X per unit in 2022, increasing by 43% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 44%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China (less than $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 Czech Republic (+527.2%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the inductor 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 27115080 - Inductors (excluding induction coils, deflection coils for cathode-ray tubes, for discharge lamps and tubes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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