Report Update Nov 1, 2024

Angola - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Rare Gases Market 2024

Rare Gases Exports

Exports from Angola

In 2022, overseas shipments of rare gases (excluding argon) decreased by -24.6% to X cubic meters, falling for the third consecutive year after four years of growth. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 2,973%. The exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, rare gases exports reduced modestly to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 3,360% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank modestly in the following year.

Exports by Country

The UK (X cubic meters) was the main destination for rare gases exports from Angola, accounting for a 58% share of total exports. Moreover, rare gases exports to the UK exceeded the volume sent to the second major destination, Spain (X cubic meters), threefold. Congo (X cubic meters) ranked third in terms of total exports with a 21% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +31.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+25.8% per year) and Congo (+42.5% per year).

In value terms, the largest markets for rare gases exported from Angola were the UK ($X), Congo ($X) and Spain ($X), together comprising 100% of total exports.

The UK, with a CAGR of +44.9%, recorded 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 rare gases export price amounted to $X per cubic meter, rising by 27% against the previous year. Over the period under review, the export price recorded tangible growth. The growth pace was the most rapid in 2021 an increase of 77% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($X per cubic meter), while the average price for exports to France ($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 the UK (+10.4%), while the prices for the other major destinations experienced a decline.

Rare Gases Imports

Imports into Angola

In 2022, purchases abroad of rare gases (excluding argon) decreased by -26.6% to X cubic meters, falling for the third consecutive year after three years of growth. Over the period under review, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2014 with an increase of 95% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rare gases imports declined modestly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 146% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Portugal (X cubic meters), Congo (X cubic meters) and South Africa (X cubic meters) were the main suppliers of rare gases imports to Angola, together accounting for 69% of total imports. China, the UK, Belgium, Germany, South Korea, France and the United States lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +37.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rare gases suppliers to Angola were Portugal ($X), the UK ($X) and France ($X), with a combined 66% share of total imports. Congo, Belgium, South Korea, South Africa, China, the United States and Germany lagged somewhat behind, together accounting for a further 28%.

South Korea, with a CAGR of +53.6%, saw the highest growth rate of 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 rare gases import price stood at $X per cubic meter in 2022, growing by 33% against the previous year. In general, the import price saw tangible growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Germany ($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 Belgium (+15.1%), 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 rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases consumption in 2021 were China, the United States and Germany, together comprising 43% of global consumption.

What are the largest producers of rare gases (excluding argon) in the world?

The countries with the highest volumes of rare gases production in 2021 were China, the United States and Germany, together comprising 44% of global production.

What are the leading suppliers of rare gases (excluding argon) to Angola?

In value terms, France constituted the largest supplier of rare gases to Angola, comprising 52% of total imports. The second position in the ranking was occupied by South Africa, with a 15% share of total imports. It was followed by Congo, with an 11% share.

What are the leading importers of rare gases (excluding argon) from Angola?

In value terms, Congo remains the key foreign market for rare gases exports from Angola.

What is the average export price for rare gases (excluding argon) in Angola?

In 2021, the average rare gases export price amounted to $1.9 per cubic meter, reducing by -26.3% against the previous year.

What is the average import price for rare gases (excluding argon) in Angola?

In 2021, the average rare gases import price amounted to $32 per cubic meter, waning by -4.3% against the previous year.

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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
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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
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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