Angola: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Angola

The Angolan market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids surged to $X in 2022, with an increase of 24% 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, continues to indicate a abrupt downturn. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Angola

In 2022, approx. X units of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids were exported from Angola; picking up by 26% compared with the previous year. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 76%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped modestly to $X in 2022. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 228%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Portugal (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Angola, accounting for a 46% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Portugal exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), twofold. The third position in this ranking was taken by Mozambique (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal stood at +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+6.4% per year) and Mozambique (+12.4% per year).

In value terms, Portugal ($X) remains the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from Angola, comprising 35% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 12% share of total exports. It was followed by Democratic Republic of the Congo, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Portugal totaled +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+0.0% per year) and Democratic Republic of the Congo (+21.6% per year).

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, reducing by -21.5% against the previous year. Over the period under review, the export price, however, saw a moderate increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 160%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the 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 Democratic Republic of the Congo ($X per unit), while the average price for exports to Guinea ($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 Democratic Republic of the Congo (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Angola

In 2022, approx. X units of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids were imported into Angola; picking up by 49% against 2021 figures. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 115%. Over the period under review, imports of attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted to $X in 2022. Overall, imports, however, showed a deep slump. The growth pace was the most rapid in 2017 when imports increased by 161% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to Angola, accounting for a 47% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), twofold. Italy (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-22.6% per year) and Italy (-16.6% per year).

In value terms, the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Angola were China ($X), Australia ($X) and South Africa ($X), together accounting for 52% of total imports.

Australia, with a CAGR of +28.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, reducing by -42.3% against the previous year. In general, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2016 an increase of 200%. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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