Angola: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Angola

The Angolan filling containers machinery market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from Angola

In 2021, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Angola soared to X units, increasing by 524% against 2020 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 1,492% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, filling containers machinery exports soared to $X in 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 841% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Mauritania (X units), Chile (X units) and Turkey (X units) were the main destinations of filling containers machinery exports from Angola, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +912.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) emerged as the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Angola, comprising 74% of total exports. The second position in the ranking was held by Mauritania ($X), with a 13% share of total exports. It was followed by Turkey, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +1,317.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (0.0% per year) and Turkey (0.0% per year).

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, which is down by -72.5% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 157% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per unit), while the average price for exports to Mauritania ($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 Chile (+43.0%).

Filling Containers Machinery Imports

Imports into Angola

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 52% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 209% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, filling containers machinery imports soared to $X in 2021. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2014 with an increase of 102% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and Portugal (X units) were the main suppliers of filling containers machinery imports to Angola, with a combined 22% share of total imports. These countries were followed by China, India, Belgium, Turkey and Vanuatu, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Vanuatu (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of machinery for filling, closing, sealing, capsuling or labelling containers to Angola, comprising 22% of total imports. The second position in the ranking was held by Germany ($X), with a 6.6% share of total imports. It was followed by Portugal, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at -18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.9% per year) and Portugal (-27.5% per year).

Import Prices by Country

In 2021, the average filling containers machinery import price amounted to $X per unit, with an increase of 20% against the previous year. Overall, the import price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 an increase of 81% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Vanuatu ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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