Angola: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Angola

In 2021, the Angolan fruit-preparation industrial machinery market decreased by -54.3% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports from Angola

In 2021, exports of industrial machinery for the preparation of fruits, nuts or vegetables from Angola declined dramatically to X units, reducing by -50% compared with 2020 figures. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by 233% against the previous year. Over the period under review, the exports hit record highs at X units in 2020, and then fell notably in the following year.

In value terms, fruit-preparation industrial machinery exports dropped markedly to $X in 2021. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 3,350%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell sharply in the following year.

Exports by Country

France (X units), Thailand (X units) and South Africa (X units) were the main destinations of fruit-preparation industrial machinery exports from Angola.

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

In value terms, France ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Angola, comprising 65% of total exports. The second position in the ranking was held by South Africa ($X), with a 7.3% share of total exports. It was followed by Thailand, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +128.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-15.0% per year) and Thailand (0.0% per year).

Export Prices by Country

In 2021, the average fruit-preparation industrial machinery export price amounted to $X per unit, jumping by 49% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 810%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Thailand ($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 Brazil (+14,939.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Angola

In 2021, after two years of growth, there was significant decline in purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables, when their volume decreased by -61.3% to X units. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 4,926% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports reduced rapidly to $X in 2021. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 1,287% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of fruit-preparation industrial machinery to Angola, with a 65% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. The third position in this ranking was held by South Africa (X units), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+51.0% per year) and South Africa (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of industrial machinery for the preparation of fruits, nuts or vegetables to Angola, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by Turkey, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+35.1% per year) and Turkey (+99.5% per year).

Import Prices by Country

The average fruit-preparation industrial machinery import price stood at $X per unit in 2021, with an increase of 95% against the previous year. Over the period under review, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 253% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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