Report Update Nov 1, 2024

Angola - Non-Electric Industrial or Laboratory Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Non-Electric Industrial Furnace Market 2024

Non-Electric Industrial Furnace Exports

Exports from Angola

In 2022, overseas shipments of non-electric industrial or laboratory furnaces and ovens decreased by -33.3% to X units, falling for the second year in a row after two years of growth. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 600%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric industrial furnace exports surged to $X in 2022. In general, exports, however, recorded modest growth. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for non-electric industrial furnace exports from Angola, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled +7.2%.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at +1.5%.

Export Prices by Country

The average non-electric industrial furnace export price stood at $X per unit in 2022, rising by 255% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 391% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -5.3% per year.

Non-Electric Industrial Furnace Imports

Imports into Angola

After three years of decline, purchases abroad of non-electric industrial or laboratory furnaces and ovens increased by 77% to X units in 2022. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 356%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, non-electric industrial furnace imports soared to $X in 2022. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 245% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Portugal (X units) and Germany (X units) were the main suppliers of non-electric industrial furnace imports to Angola, with a combined 78% share of total imports. These countries were followed by the UK, Norway, the United States, Israel and India, which together accounted for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Angola, comprising 46% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Portugal, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.6% per year) and Portugal (-8.5% per year).

Import Prices by Country

The average non-electric industrial furnace import price stood at $X per unit in 2022, waning by -13.3% against the previous year. Overall, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 96%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), 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 non-electric industrial or laboratory furnaces and ovens in the world?

The countries with the highest volumes of in 2021 were Indonesia, China and France, with a combined 50% share of global consumption.

What are the largest producers of non-electric industrial or laboratory furnaces and ovens in the world?

China constituted the country with the largest volume of non-electric industrial furnace production, comprising approx. 34% of total volume. Moreover, non-electric industrial furnace production in China exceeded the figures recorded by the second-largest producer, France, threefold. India ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of non-electric industrial or laboratory furnaces and ovens to Angola?

In value terms, Belgium constituted the largest supplier of non-electric industrial furnace to Angola, comprising 49% of total imports. The second position in the ranking was occupied by Germany, with a 23% share of total imports. It was followed by Denmark, with an 8.9% share.

What is the average export price for non-electric industrial or laboratory furnaces and ovens in Angola?

In 2019, the average non-electric industrial furnace export price amounted to $470 per unit, growing by 226% against the previous year.

What is the average import price for non-electric industrial or laboratory furnaces and ovens in Angola?

In 2021, the average non-electric industrial furnace import price amounted to $2,861 per unit, which is down by -37.8% against the previous year.

This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

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