Angola: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Angola

The Angolan market for mechanical appliances for projecting, dispersing or spraying soared to $X in 2022, jumping by 26% 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, however, showed a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Angola

In 2022, the amount of mechanical appliances for projecting, dispersing or spraying exported from Angola was estimated at X units, increasing by 12% on 2021 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 373%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying soared to $X in 2022. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 106%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Namibia (X units), Belgium (X units) and Mozambique (X units) were the main destinations of exports of mechanical appliances for projecting, dispersing or spraying from Angola, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Namibia (with a CAGR of +55.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from Angola, comprising 59% of total exports. The second position in the ranking was held by Norway ($X), with a 19% share of total exports. It was followed by Belgium, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Namibia amounted to +84.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (0.0% per year) and Belgium (+16.3% per year).

Export Prices by Country

The average export price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, picking up by 33% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 196%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Mozambique ($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 Namibia (+18.6%), while the prices for the other major destinations experienced a decline.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Angola

In 2022, imports of mechanical appliances for projecting, dispersing or spraying into Angola surged to X units, increasing by 18% on 2021 figures. Overall, imports, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 122% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when imports increased by 76%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Portugal (X units) and South Africa (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to Angola, together comprising 84% of total imports. Spain, Thailand, the UK and Israel lagged somewhat behind, together comprising a further 8.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +64.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), China ($X) and South Africa ($X) were the largest mechanical appliances for projecting, dispersing or spraying suppliers to Angola, together comprising 62% of total imports. Israel, the UK, Spain and Thailand lagged somewhat behind, together accounting for a further 12%.

Thailand, with a CAGR of +47.8%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, growing by 14% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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