Angola: Loudspeaker Market 2025

Loudspeaker Market Size in Angola

The Angolan loudspeaker market declined significantly to $X in 2022, waning by -19.5% 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). Overall, consumption saw a deep setback. Loudspeaker consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Loudspeaker Exports

Exports from Angola

After two years of growth, overseas shipments of loudspeakers decreased by -19.1% to X units in 2022. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 256%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, loudspeaker exports shrank markedly to $X in 2022. In general, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 249%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sao Tome and Principe (X units), Belgium (X units) and the United States (X units) were the main destinations of loudspeaker exports from Angola, with a combined 31% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +62.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loudspeaker exported from Angola were Sao Tome and Principe ($X), Democratic Republic of the Congo ($X) and the United States ($X), together comprising 36% of total exports. France, Cuba, Belgium, Congo, the UK, Portugal, the United Arab Emirates, South Africa and South Korea lagged somewhat behind, together accounting for a further 50%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +89.3%, saw the highest growth rate of 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

The average loudspeaker export price stood at $X per unit in 2022, with a decrease of -8.5% against the previous year. Overall, the export price saw a deep slump. The pace of growth appeared the most rapid in 2013 an increase of 36% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($X per unit), while the average price for exports to South Korea ($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 the United Arab Emirates (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Loudspeaker Imports

Imports into Angola

In 2022, the amount of loudspeakers imported into Angola shrank sharply to X units, declining by -15.8% against the year before. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, loudspeaker imports dropped notably to $X in 2022. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loudspeaker to Angola, accounting for a 70% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), eightfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-4.3% per year) and Hong Kong SAR (+0.7% per year).

In value terms, China ($X), Portugal ($X) and Germany ($X) were the largest loudspeaker suppliers to Angola, together comprising 67% of total imports. South Africa, the United Arab Emirates, Hong Kong SAR, Taiwan (Chinese), the Czech Republic and Namibia lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +49.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average loudspeaker import price amounted to $X per unit, waning by -5.7% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loudspeaker import price increased by +13.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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