Angola: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Angola

In 2021, the Angolan metal frame non-upholstered seat market decreased by -11.3% to $X, falling for the third year in a row after two years of growth. In general, consumption faced a sharp curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Angola

In 2021, overseas shipments of non-upholstered seats with metal frames decreased by -75.7% to X units, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2016 with an increase of 328% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports fell remarkably to $X in 2021. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 78% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for metal frame non-upholstered seat exports from Angola, accounting for a 52% share of total exports. Moreover, metal frame non-upholstered seat exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Mali (X units), threefold. Congo (X units) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (0.0% per year) and Congo (-6.5% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for non-upholstered seats with metal frames exports from Angola, comprising 82% of total exports. The second position in the ranking was taken by Mali ($X), with a 6.9% share of total exports. It was followed by Portugal, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (0.0% per year) and Portugal (-35.3% per year).

Export Prices by Country

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, shrinking by -37.7% against the previous year. Over the period under review, the export price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2015 an increase of 55%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat 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 ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-6.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Angola

In 2021, overseas purchases of non-upholstered seats with metal frames decreased by -16.4% to X units, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2018 when imports increased by 99% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal frame non-upholstered seat imports dropped to $X in 2021. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of 67% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest metal frame non-upholstered seat supplier to Angola, accounting for a 71% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), fivefold. Hungary (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-24.5% per year) and Hungary (+66.8% per year).

In value terms, the largest metal frame non-upholstered seat suppliers to Angola were China ($X), Portugal ($X) and Hungary ($X), together accounting for 78% of total imports.

Among the main suppliers, Hungary, with a CAGR of +51.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2021, surging by 11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 12%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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