Angola: Motor Vehicle Radiator Market 2025

Motor Vehicle Radiator Market Size in Angola

In 2022, the Angolan motor vehicle radiator market increased by 12% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, recorded a deep slump. Motor vehicle radiator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Motor Vehicle Radiator Exports

Exports from Angola

After three years of growth, overseas shipments of radiators for motor vehicles decreased by -31.3% to X units in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 575% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle radiator exports shrank significantly to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by 198%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank notably in the following year.

Exports by Country

Belgium (X units), Portugal (X units) and Sao Tome and Principe (X units) were the main destinations of motor vehicle radiator exports from Angola, together accounting for 23% 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 +45.3%), while the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) remains the key foreign market for radiators for motor vehicles exports from Angola, comprising 33% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a 6.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Portugal amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+34.3% per year) and Belgium (+20.4% per year).

Export Prices by Country

In 2022, the average motor vehicle radiator export price amounted to $X per unit, surging by 4% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 483% against the previous year. The export price peaked at $X per unit 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Belgium ($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 South Africa (+47.1%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Radiator Imports

Imports into Angola

After three years of decline, overseas purchases of radiators for motor vehicles increased by 11% to X units in 2022. Overall, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 147%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, motor vehicle radiator imports expanded significantly to $X in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by 169%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motor vehicle radiator to Angola, with a 84% share of total imports. Moreover, motor vehicle radiator imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), more than tenfold. Brazil (X units) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-18.8% per year) and Brazil (-15.1% per year).

In value terms, China ($X) constituted the largest supplier of radiators for motor vehicles to Angola, comprising 61% of total imports. The second position in the ranking was held by Portugal ($X), with an 11% share of total imports. It was followed by Brazil, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-14.9% per year) and Brazil (-14.0% per year).

Import Prices by Country

In 2022, the average motor vehicle radiator import price amounted to $X per unit, which is down by -1.8% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 84% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform