Report Update Nov 1, 2024

Angola - Lifting Equipment Designed for Mounting on Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size in Angola

For the third year in a row, the Angolan mounting lifting equipment market recorded growth in sales value, which increased by 48% to $X in 2021. Over the period under review, consumption, however, saw a deep slump. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Mounting Lifting Equipment Exports

Exports from Angola

In 2019, approx. X units of lifting equipment designed for mounting on road vehicles were exported from Angola; therefore, remained relatively stable against the year before. Overall, exports recorded a abrupt shrinkage. The smallest decline of -50% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

In value terms, mounting lifting equipment exports surged to $X in 2019. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2019, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for mounting lifting equipment exports from Angola, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for lifting equipment designed for mounting on road vehicles exports from Angola.

From 2015 to 2019, the average annual growth rate of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

In 2019, the average mounting lifting equipment export price amounted to $X per unit, rising by 23% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2019, 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 Cote d'Ivoire.

From 2015 to 2019, the rate of growth in terms of prices for South Africa amounted to +1.9% per year.

Mounting Lifting Equipment Imports

Imports into Angola

In 2021, the amount of lifting equipment designed for mounting on road vehicles imported into Angola skyrocketed to X units, jumping by 43% against the previous year's figure. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 83% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, mounting lifting equipment imports soared to $X in 2021. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 115% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Brazil (X units) and the Netherlands (X units) were the main suppliers of mounting lifting equipment imports to Angola, together accounting for 55% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mounting lifting equipment suppliers to Angola were Brazil ($X), Germany ($X) and the Netherlands ($X), together comprising 62% of total imports.

Germany, with a CAGR of +110.9%, saw 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 mounting lifting equipment import price stood at $X per unit in 2021, growing by 5.4% against the previous year. Overall, the import price, however, showed a pronounced setback. The growth pace was the most rapid in 2017 an increase of 32%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 South Korea ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of mounting lifting equipment consumption in 2020 were Belgium, China and the United States, together comprising 52% of global consumption.

What are the largest producers of lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of mounting lifting equipment production in 2020 were Belgium, China and the United States, together accounting for 50% of global production.

What are the leading suppliers of lifting equipment designed for mounting on road vehicles to Angola?

In value terms, Brazil constituted the largest supplier of mounting lifting equipment to Angola, comprising 47% of total imports. The second position in the ranking was occupied by Germany, with an 18% share of total imports. It was followed by the Netherlands, with a 9.4% share.

What is the average export price for lifting equipment designed for mounting on road vehicles in Angola?

In 2018, the average mounting lifting equipment export price amounted to $20,589 per unit, growing by 17% against the previous year.

What is the average import price for lifting equipment designed for mounting on road vehicles in Angola?

The average mounting lifting equipment import price stood at $14,647 per unit in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the mounting lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023