Report Update Nov 1, 2024

Angola - Machines for Preparing, Weaving and Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Angola

The Angolan market for machines for preparing, weaving and knitting textiles soared to $X in 2021, picking up by 112% 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). In general, consumption, however, faced a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Angola

In 2021, after two years of decline, there was decline in shipments abroad of machines for preparing, weaving and knitting textiles, when their volume decreased by 0% to X units. Over the period under review, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 25,800% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, textile weaving and knitting machinery exports contracted remarkably to $X in 2021. In general, exports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 3,124% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X units) was the main destination for textile weaving and knitting machinery exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Portugal was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Portugal amounted to -47.2%.

Export Prices by Country

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, dropping by -89.3% against the previous year. Over the period under review, the export price saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 499% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2021, the rate of growth in terms of prices for Congo amounted to -40.4% per year.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Angola

In 2021, the amount of machines for preparing, weaving and knitting textiles imported into Angola soared to X units, picking up by 119% against the previous year's figure. In general, imports, however, faced a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 1,459%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, textile weaving and knitting machinery imports contracted rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2019 when imports increased by 128%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), China (X units) and Portugal (X units) were the main suppliers of textile weaving and knitting machinery imports to Angola, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +3.4%), while imports for the other leaders experienced a decline.

In value terms, Japan ($X) constituted the largest supplier of machines for preparing, weaving and knitting textiles to Angola, comprising 70% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Portugal, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to -34.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.3% per year) and Portugal (-19.4% per year).

Import Prices by Country

In 2021, the average import price for machines for preparing, weaving and knitting textiles amounted to $X per unit, which is down by -64.5% against the previous year. In general, the import price showed a precipitous contraction. The growth pace was the most rapid in 2015 when the average import price increased by 364% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), 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 machines for preparing, weaving and knitting textiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Africa, together comprising 42% of global consumption. These countries were followed by Canada, Indonesia, India, Japan, Turkey, France, the UK, Germany, Italy and Belgium, which together accounted for a further 31%.

What are the largest producers of machines for preparing, weaving and knitting textiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 49% share of global production. These countries were followed by Germany, Canada, the Netherlands, Taiwan Chinese), India, Belgium, Indonesia, Italy, South Korea and France, which together accounted for a further 35%.

What are the leading suppliers of machines for preparing, weaving and knitting textiles to Angola?

In value terms, the largest textile weaving and knitting machinery suppliers to Angola were China, India and the United States, together comprising 66% of total imports. Turkey and Portugal lagged somewhat behind, together comprising a further 18%.

What is the average export price for machines for preparing, weaving and knitting textiles in Angola?

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $98 per unit, almost unchanged from the previous year.

What is the average import price for machines for preparing, weaving and knitting textiles in Angola?

In 2021, the average import price for machines for preparing, weaving and knitting textiles amounted to $356 per unit, dropping by -34.2% against the previous year.

This report provides an in-depth analysis of the market for textile weaving and knitting machinery 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 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
Prodcom 28941300 - Weaving machines
Prodcom 28941430 - Circular knitting machines
Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

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