Angola: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Angola

The Angolan liquid dispensing pump market contracted notably to $X in 2021, waning by -22.7% 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). In general, consumption showed a abrupt downturn. Liquid dispensing pump consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Liquid Dispensing Pump Exports

Exports from Angola

In 2021, overseas shipments of pumps for dispensing liquids decreased by -35.4% to X units, falling for the second consecutive year after three years of growth. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 626%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, liquid dispensing pump exports reached $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 918% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X units) was the main destination for liquid dispensing pump exports from Angola, with a 40% share of total exports. Moreover, liquid dispensing pump exports to Namibia exceeded the volume sent to the second major destination, Mozambique (X units), fourfold. Sweden (X units) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to Namibia amounted to +43.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (-21.5% per year) and Sweden (0.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for pumps for dispensing liquids exports from Angola, comprising 15% of total exports. The second position in the ranking was held by Namibia ($X), with a 3.1% share of total exports. It was followed by Democratic Republic of the Congo, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+27.0% per year) and Democratic Republic of the Congo (+38.9% per year).

Export Prices by Country

In 2021, the average liquid dispensing pump export price amounted to $X per unit, rising by 76% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 774% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Sao Tome and Principe ($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 France (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.

Liquid Dispensing Pump Imports

Imports into Angola

In 2021, the amount of pumps for dispensing liquids imported into Angola plummeted to X units, reducing by -42.9% on the previous year's figure. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by 352% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, liquid dispensing pump imports stood at $X in 2021. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 231% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of liquid dispensing pump to Angola, accounting for a 39% share of total imports. Moreover, liquid dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), twofold. The third position in this ranking was held by the United Arab Emirates (X units), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-24.5% per year) and the United Arab Emirates (-4.3% per year).

In value terms, the largest liquid dispensing pump suppliers to Angola were the UK ($X), Norway ($X) and China ($X), together accounting for 48% of total imports.

Norway, with a CAGR of +17.1%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average liquid dispensing pump import price amounted to $X per unit, rising by 83% against the previous year. Overall, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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