Angola: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Angola

The Angolan market for iron or steel gas domestic cooking appliances and plate warmers dropped dramatically to $X in 2022, with a decrease of -19.4% 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). Overall, consumption saw a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Angola

In 2022, exports of iron or steel gas domestic cooking appliances and plate warmers from Angola totaled X units, with an increase of 1.6% against the previous year. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 467% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers shrank slightly to $X in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of 675%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sao Tome and Principe (X units), Democratic Republic of the Congo (X units) and Cuba (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Angola, together comprising 61% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of +55.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sao Tome and Principe ($X), Democratic Republic of the Congo ($X) and Cuba ($X) were the largest markets for iron or steel gas domestic cooking appliances and plate warmers exported from Angola worldwide, together comprising 67% of total exports. Guinea, Mauritania, Zambia, the United States, France, China, Indonesia, Namibia, Ghana and the Dominican Republic lagged somewhat behind, together accounting for a further 29%.

Zambia, with a CAGR of +105.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, declining by -4.9% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel gas domestic cooking appliances and plate warmers increased by +92.4% against 2013 indices. The pace of growth appeared the most rapid in 2014 an increase of 58%. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per unit), while the average price for exports to the Dominican Republic ($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 Mauritania (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Angola

In 2022, the amount of iron or steel gas domestic cooking appliances and plate warmers imported into Angola dropped markedly to X units, which is down by -23% against the year before. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 228% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers reduced markedly to $X in 2022. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 159%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), China (X units) and Portugal (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Angola, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of -0.5%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Angola, comprising 69% of total imports. The second position in the ranking was held by Turkey ($X), with a 27% share of total imports. It was followed by Portugal, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-2.0% per year) and Portugal (-19.6% per year).

Import Prices by Country

In 2022, the average import price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, surging by 6.8% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 63%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform