Angola: Market for Machine-Tools For Working Any Material By Removal Of Material 2025

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Angola

In 2021, after two years of decline, there was significant growth in the Angolan machine-tool for removing material market, when its value increased by 157% to $X. In general, consumption, however, continues to indicate a perceptible descent. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Angola

In 2021, the amount of machine-tools for working any material by removal of material exported from Angola reduced markedly to X units, falling by -89.7% on the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 867% against the previous year. As a result, the exports reached the peak of X units, and then declined dramatically in the following year.

In value terms, machine-tool for removing material exports shrank rapidly to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 2,990% against the previous year. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Democratic Republic of the Congo (X units) and France (X units) were the main destinations of machine-tool for removing material exports from Angola. Moreover, machine-tool for removing material exports in Democratic Republic of the Congo exceeded the figures recorded by the second-largest exporter, France, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +41.4%).

In value terms, France ($X) emerged as the key foreign market for machine-tools for working any material by removal of material exports from Angola, comprising 86% of total exports. The second position in the ranking was held by Portugal ($X), with a 6.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-36.6% per year) and Democratic Republic of the Congo (+61.2% per year).

Export Prices by Country

In 2021, the average machine-tool for removing material export price amounted to $X per unit, waning by -56% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 236%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+43.0%), while the prices for the other major destinations experienced a decline.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Angola

In 2021, supplies from abroad of machine-tools for working any material by removal of material increased by 149% to X units, rising for the second year in a row after four years of decline. In general, imports, however, recorded a perceptible downturn. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, machine-tool for removing material imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt contraction. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

South Africa (X units), Israel (X units) and the Netherlands (X units) were the main suppliers of machine-tool for removing material imports to Angola, together comprising 69% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +51.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for removing material suppliers to Angola were Israel ($X), Germany ($X) and South Africa ($X), together comprising 58% of total imports.

Germany, with a CAGR of +88.8%, recorded the highest growth rate of the value of imports, in terms of 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 machine-tool for removing material import price stood at $X per unit in 2021, reducing by -21.9% against the previous year. Overall, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by 142% against the previous year. 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 Germany ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :