Angola: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Angola

The Angolan iron or steel towers market declined to $X in 2021, reducing by -8.2% 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, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Angola

For the fifth year in a row, Angola recorded growth in overseas shipments of iron or steel towers and lattice masts, which increased by 14% to X tons in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 18,446% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, iron or steel towers exports reached $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 12,161%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Portugal (X tons) was the main destination for iron or steel towers exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Portugal totaled +99.0%.

In value terms, Portugal ($X) also remains the key foreign market for iron or steel towers and lattice masts exports from Angola.

From 2012 to 2021, the average annual rate of growth in terms of value to Portugal totaled +90.0%.

Export Prices by Country

In 2021, the average iron or steel towers export price amounted to $X per ton, declining by -12.4% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 176%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2021, the rate of growth in terms of prices for Portugal amounted to -4.5% per year.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Angola

In 2021, approx. X tons of iron or steel towers and lattice masts were imported into Angola; dropping by -3.2% against the previous year's figure. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 119% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, iron or steel towers imports dropped to $X in 2021. In general, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2015 with an increase of 105%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Portugal (X tons) were the main suppliers of iron or steel towers imports to Angola, together accounting for 46% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +64.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel towers suppliers to Angola were Indonesia ($X), the United Arab Emirates ($X) and China ($X), with a combined 38% share of total imports.

The United Arab Emirates, with a CAGR of +54.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron or steel towers import price stood at $X per ton in 2021, waning by -3.7% against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 13%. Over the period under review, average import prices attained the peak figure at $X per ton 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 Indonesia ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+9.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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