Report Update Nov 1, 2024

Angola - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Angola

For the fourth year in a row, the Angolan lamp plastic parts market recorded decline in sales value, which decreased by -24.6% to $X in 2021. In general, consumption saw a abrupt descent. Lamp plastic parts consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports from Angola

In 2021, overseas shipments of plastic parts for lamps and lighting fittings decreased by 0% to X kg for the first time since 2017, thus ending a three-year declining trend. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 3,000% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, lamp plastic parts exports amounted to $X in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 419%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Portugal (X kg) was the main destination for lamp plastic parts exports from Angola, with a approx. 50% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Portugal totaled +51.0%.

From 2014 to 2021, the average annual growth rate of value to Portugal totaled +107.2%.

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 381%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, 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 Portugal.

From 2014 to 2021, the rate of growth in terms of prices for Portugal amounted to +36.9% per year.

Lamp Plastic Parts Imports

Imports into Angola

For the fourth year in a row, Angola recorded decline in overseas purchases of plastic parts for lamps and lighting fittings, which decreased by -22.9% to X tons in 2021. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 285%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lamp plastic parts imports shrank significantly to $X in 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 298% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Portugal (X tons) constituted the largest lamp plastic parts supplier to Angola, accounting for a 27% share of total imports. Moreover, lamp plastic parts imports from Portugal exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. The third position in this ranking was taken by China (X kg), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from Portugal amounted to -20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+7.6% per year) and China (-29.8% per year).

In value terms, Portugal ($X), the UK ($X) and France ($X) appeared to be the largest lamp plastic parts suppliers to Angola, together comprising 51% of total imports.

The UK, with a CAGR of +12.4%, recorded 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 more modest paces of growth.

Import Prices by Country

The average lamp plastic parts import price stood at $X per ton in 2021, flattening at the previous year. In general, the import price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 79% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell modestly in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), 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 plastic parts for lamps and lighting fittings in the world?

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, together comprising 58% of global consumption.

What are the largest producers of plastic parts for lamps and lighting fittings in the world?

China remains the largest lamp plastic parts producing country worldwide, accounting for 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Japan, with a 5.6% share.

What are the leading suppliers of plastic parts for lamps and lighting fittings to Angola?

In value terms, the largest lamp plastic parts suppliers to Angola were China, Portugal and Spain, with a combined 75% share of total imports.

What is the average export price for plastic parts for lamps and lighting fittings in Angola?

In 2018, the average lamp plastic parts export price amounted to $6,000 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for plastic parts for lamps and lighting fittings in Angola?

The average lamp plastic parts import price stood at $5,470 per ton in 2020, picking up by 62% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts 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 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

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