Report Update Nov 1, 2024

Angola - Optical Telescopes - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Optical Telescope Market 2024

Optical Telescope Market Size in Angola

The Angolan optical telescope market reached $X in 2021, approximately equating the previous year. In general, consumption showed a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Optical Telescope Production in Angola

In value terms, optical telescope production rose slightly to $X in 2021 estimated in export price. Overall, production showed a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 38% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Optical Telescope Exports

Exports from Angola

After two years of growth, overseas shipments of optical telescopes decreased by -32.4% to X units in 2021. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 725%. The exports peaked at X units in 2020, and then contracted dramatically in the following year.

In value terms, optical telescope exports reduced to $X in 2021. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by 999% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Israel (X units), the United States (X units) and Brazil (X units) were the main destinations of optical telescope exports from Angola, together comprising 83% of total exports.

From 2012 to 2021, the biggest increases were in Israel (with a CAGR of +51.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Portugal ($X) and Brazil ($X) were the largest markets for optical telescope exported from Angola worldwide, together accounting for 95% of total exports.

Among the main countries of destination, the United States, with a CAGR of +272.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average optical telescope export price amounted to $X per unit, surging by 38% against the previous year. In general, the export price, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2018 an increase of 130%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per unit), while the average price for exports to Israel ($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 the United States (+169.5%), while the prices for the other major destinations experienced a decline.

Optical Telescope Imports

Imports into Angola

In 2021, supplies from abroad of optical telescopes decreased by -29.8% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 173% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, optical telescope imports contracted notably to $X in 2021. Over the period under review, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 1,129%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Portugal (X units) and Spain (X units) were the main suppliers of optical telescope imports to Angola, together comprising 70% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +26.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), Congo ($X) and Switzerland ($X) were the largest optical telescope suppliers to Angola, together comprising 57% of total imports.

Switzerland, with a CAGR of +39.4%, 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 2021, the average optical telescope import price amounted to $X per unit, with a decrease of -61.3% against the previous year. Over the period under review, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 350% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted remarkably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Congo ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+118.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical telescopes in the world?

China constituted the country with the largest volume of optical telescope consumption, accounting for 44% of total volume. Moreover, optical telescope consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by the UK, with a 5.2% share.

What are the largest producers of optical telescopes in the world?

China remains the largest optical telescope producing country worldwide, accounting for 96% of total volume.

What are the leading suppliers of optical telescopes to Angola?

In value terms, the UK constituted the largest supplier of optical telescope to Angola, comprising 34% of total imports. The second position in the ranking was occupied by South Africa $599), with a 7.5% share of total imports. It was followed by Congo, with a 5.7% share.

What are the leading importers of optical telescopes from Angola?

In value terms, Portugal remains the key foreign market for optical telescope exports from Angola.

What is the average export price for optical telescopes in Angola?

In 2021, the average optical telescope export price amounted to $501 per unit, which is down by -5.5% against the previous year.

What is the average import price for optical telescopes in Angola?

In 2021, the average optical telescope import price amounted to $61 per unit, waning by -44.4% against the previous year.

This report provides an in-depth analysis of the optical telescope 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 26702250 - Instruments (excluding binoculars) such as optical telescopes

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