Angola: Oxygen Market 2025

Oxygen Exports

Exports from Angola

In 2022, the amount of oxygen exported from Angola reduced notably to X cubic meters, declining by -32.9% against the year before. Overall, exports recorded a pronounced contraction. The growth pace was the most rapid in 2021 when exports increased by 241%. The exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, oxygen exports fell remarkably to $X in 2022. In general, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of 463% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa (X cubic meters), Sao Tome and Principe (X cubic meters) and the UK (X cubic meters) were the main destinations of oxygen exports from Angola, together accounting for 96% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sao Tome and Principe (with a CAGR of +29.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oxygen exported from Angola were Namibia ($X), South Africa ($X) and the UK ($X), with a combined 93% share of total exports.

Namibia, with a CAGR of +62.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oxygen export price amounted to $X per cubic meter, remaining stable against the previous year. Over the period under review, the export price recorded a slight slump. The growth pace was the most rapid in 2019 when the average export price increased by 204% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per cubic meter), while the average price for exports to Sao Tome and Principe ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+322.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Imports

Imports into Angola

In 2022, after three years of decline, there was significant growth in purchases abroad of oxygen, when their volume increased by 21% to X cubic meters. Over the period under review, imports, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2014 when imports increased by 404%. Over the period under review, imports attained the maximum at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, oxygen imports soared to $X in 2022. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 308%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X cubic meters), Belgium (X cubic meters) and South Africa (X cubic meters) were the main suppliers of oxygen imports to Angola, together accounting for 62% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +50.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen suppliers to Angola were South Africa ($X), the United Arab Emirates ($X) and France ($X), with a combined 53% share of total imports.

The United Arab Emirates, with a CAGR of +65.5%, 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 oxygen import price amounted to $X per cubic meter, picking up by 14% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per cubic meter), while the price for Belgium ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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