Angola: Metal Chain Market 2025

Metal Chain Market Size in Angola

The Angolan metal chain market contracted rapidly to $X in 2022, dropping by -36.5% 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). In general, consumption continues to indicate a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Chain Exports

Exports from Angola

In 2022, overseas shipments of iron or steel chain were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 371% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal chain exports skyrocketed to $X in 2022. In general, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 346% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Norway (X kg) and South Africa (X kg) were the main destinations of metal chain exports from Angola, together comprising 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +58.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for iron or steel chain exports from Angola, comprising 80% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 9.5% share of total exports. It was followed by South Africa, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-11.7% per year) and South Africa (+28.9% per year).

Export Prices by Country

In 2022, the average metal chain export price amounted to $X per ton, which is down by -5.1% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 40%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+12.9%), while the prices for the other major destinations experienced a decline.

Metal Chain Imports

Imports into Angola

In 2022, metal chain imports into Angola dropped significantly to X tons, reducing by -40.5% against 2021 figures. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 144%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal chain imports dropped significantly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 163% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Spain (X tons) and Portugal (X tons) were the main suppliers of metal chain imports to Angola, together accounting for 52% of total imports. Italy, South Africa, Sweden, the United States, the UK, Indonesia, the United Arab Emirates, the Netherlands, Japan and France lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +93.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of iron or steel chain to Angola, comprising 20% of total imports. The second position in the ranking was held by Italy ($X), with a 9.3% share of total imports. It was followed by South Africa, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.5% per year) and South Africa (+3.7% per year).

Import Prices by Country

The average metal chain import price stood at $X per ton in 2022, increasing by 16% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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