Angola - Machinery for the Extraction or Preparation of Animal or Fixed Vegetable Fats or Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Fats Preparation Machinery Market 2024
Fats Preparation Machinery Market Size in Angola
The Angolan fats preparation machinery market shrank modestly to $X in 2022, dropping by -4.9% against the previous year. Overall, consumption, however, posted a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.
Fats Preparation Machinery Production in Angola
In value terms, fats preparation machinery production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 108%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.
Fats Preparation Machinery Exports
Exports from Angola
In 2020, fats preparation machinery exports from Angola was estimated at X units, therefore, remained relatively stable against 2019 figures. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2020 and are likely to see steady growth in the near future.
In value terms, fats preparation machinery exports dropped remarkably to $X in 2020. In general, exports continue to indicate significant growth. The smallest decline of -18.6% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X units) and Portugal (X units) were the main destinations of fats preparation machinery exports from Angola. Moreover, fats preparation machinery exports in the United Arab Emirates exceeded the figures recorded by the second-largest exporter, Portugal, twofold.
From 2016 to 2020, the biggest increases were recorded for the United Arab Emirates (with a CAGR of 0.0%).
In value terms, the United Arab Emirates ($X) remains the key foreign market for machinery for the extraction or preparation of animal or fixed vegetable fats or oils exports from Angola, comprising 96% of total exports. The second position in the ranking was taken by Portugal ($X), with a 3.9% share of total exports.
From 2016 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates amounted to -55.5%.
Export Prices by Country
The average fats preparation machinery export price stood at $X per unit in 2020, waning by -56.9% against the previous year. Overall, the export price, however, recorded significant growth. Over the period under review, the average export prices hit record highs at $X per unit in 2019, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Portugal amounted to $X per unit.
From 2016 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+101.3%).
Fats Preparation Machinery Imports
Imports into Angola
Fats preparation machinery imports into Angola skyrocketed to X units in 2022, rising by 21% against 2021 figures. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 131%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fats preparation machinery imports fell notably to $X in 2022. Over the period under review, imports recorded a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 366%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Germany (X units) constituted the largest fats preparation machinery supplier to Angola, accounting for a 53% share of total imports. Moreover, fats preparation machinery imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by India (X units), with a 6.5% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.8% per year) and India (+14.9% per year).
In value terms, Germany ($X) constituted the largest supplier of machinery for the extraction or preparation of animal or fixed vegetable fats or oils to Angola, comprising 72% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by China, with a 5.2% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +69.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.6% per year) and China (+0.4% per year).
Import Prices by Country
The average fats preparation machinery import price stood at $X per unit in 2022, shrinking by -39.7% against the previous year. Over the period under review, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 597%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+109.7%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fats preparation 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 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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