Report Update Nov 1, 2024

Angola - Lifting, Handling, Loading or Unloading Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Loading Machinery Market 2024

Loading Machinery Exports

Exports from Angola

Loading machinery exports from Angola dropped markedly to X units in 2022, with a decrease of -42.5% against the year before. In general, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2015 with an increase of 513%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, loading machinery exports declined remarkably to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 849%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X units) was the main destination for loading machinery exports from Angola, accounting for a 43% share of total exports. Moreover, loading machinery exports to Norway exceeded the volume sent to the second major destination, Portugal (X units), threefold. The UK (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +60.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+22.0% per year) and the UK (+22.3% per year).

In value terms, the largest markets for loading machinery exported from Angola were the UK ($X), Norway ($X) and Ghana ($X), with a combined 83% share of total exports.

Among the main countries of destination, Norway, with a CAGR of +117.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average loading machinery export price amounted to $X per unit, declining by -4.9% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 113%. As a result, the export price reached the peak level of $X per unit, 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 the UK ($X per unit), while the average price for exports to Democratic Republic of the Congo ($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 Senegal (+80.4%), while the prices for the other major destinations experienced more modest paces of growth.

Loading Machinery Imports

Imports into Angola

In 2022, the amount of lifting, handling, loading or unloading machinery imported into Angola contracted modestly to X units, dropping by -4.3% compared with 2021 figures. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 257% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, loading machinery imports declined modestly to $X in 2022. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 84%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loading machinery to Angola, accounting for a 64% share of total imports. Moreover, loading machinery imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), ninefold. The third position in this ranking was held by Colombia (X units), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-19.2% per year) and Colombia (+30.7% per year).

In value terms, China ($X) constituted the largest supplier of lifting, handling, loading or unloading machinery to Angola, comprising 51% of total imports. The second position in the ranking was taken by the UK ($X), with a 12% share of total imports. It was followed by Portugal, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-18.8% per year) and Portugal (-22.4% per year).

Import Prices by Country

In 2022, the average loading machinery import price amounted to $X per unit, rising by 1.7% against the previous year. Overall, the import price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 37%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting, handling, loading or unloading machinery in the world?

The countries with the highest volumes of loading machinery consumption in 2020 were China, the United States and India, together accounting for 50% of global consumption. Japan, Hungary, Germany, Mexico, France, Australia, South Korea and Ethiopia lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of lifting, handling, loading or unloading machinery in the world?

China constituted the country with the largest volume of loading machinery production, accounting for 35% of total volume. Moreover, loading machinery production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Germany, with an 8.2% share.

What are the leading suppliers of lifting, handling, loading or unloading machinery to Angola?

In value terms, the largest loading machinery suppliers to Angola were the United States, Portugal and the UK, together accounting for 38% of total imports. These countries were followed by Norway, South Africa, France, Germany, the Netherlands, Belgium, Colombia, China and South Korea, which together accounted for a further 45%.

What are the leading importers of lifting, handling, loading or unloading machinery from Angola?

In value terms, the largest markets for loading machinery exported from Angola were Portugal, Ghana and Denmark, together comprising 76% of total exports.

What is the average export price for lifting, handling, loading or unloading machinery in Angola?

The average loading machinery export price stood at $2,041 per unit in 2020, increasing by 37% against the previous year.

What is the average import price for lifting, handling, loading or unloading machinery in Angola?

In 2020, the average loading machinery import price amounted to $860 per unit, growing by 22% against the previous year.

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
Prodcom 28221850 - Loading machinery specially designed for agricultural use

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