Angola: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in Angola

The Angolan portable electric lamp market contracted dramatically to $X in 2022, reducing by -39.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a perceptible contraction. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Portable Electric Lamp Exports

Exports from Angola

In 2022, after two years of growth, there was significant decline in shipments abroad of portable electric lamps, when their volume decreased by -27.4% to X units. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 463%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, portable electric lamp exports declined significantly to $X in 2022. In general, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 with an increase of 584%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for portable electric lamp exports from Angola, with a 63% share of total exports. Moreover, portable electric lamp exports to the UK exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), twofold. The third position in this ranking was taken by Namibia (X units), with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +55.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+31.0% per year) and Namibia (+1.7% per year).

In value terms, the UK ($X) remains the key foreign market for portable electric lamps exports from Angola, comprising 54% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 24% share of total exports. It was followed by Namibia, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+38.0% per year) and Namibia (+15.7% per year).

Export Prices by Country

In 2022, the average portable electric lamp export price amounted to $X per unit, approximately equating the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, portable electric lamp export price increased by +27.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Portable Electric Lamp Imports

Imports into Angola

In 2022, imports of portable electric lamps into Angola contracted rapidly to X units, reducing by -29.2% on the previous year's figure. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 335% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, portable electric lamp imports fell sharply to $X in 2022. Overall, imports showed a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by 498%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of portable electric lamp to Angola, accounting for a 96% share of total imports. It was followed by South Africa (X units), with a 0.9% share of total imports. The third position in this ranking was taken by Namibia (X units), with a 0.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-16.0% per year) and Namibia (-35.5% per year).

In value terms, China ($X) constituted the largest supplier of portable electric lamps to Angola, comprising 93% of total imports. The second position in the ranking was taken by Portugal ($X), with a 1.6% share of total imports. It was followed by South Africa, with a 0.8% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-17.2% per year) and South Africa (-19.1% per year).

Import Prices by Country

In 2022, the average portable electric lamp import price amounted to $X per unit, falling by -17.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37%. As a result, import price reached the peak level of $X per unit, and then contracted notably in the following year.

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 Portugal ($X per unit), while the price for Namibia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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