Report Update Jan 1, 2025

Angola - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2025

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Angola

In 2021, the Angolan market for ribbed or other deformed wire rod of non-alloy steel increased by 80% to $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, showed a dramatic descent. Deformed non-alloy steel wire rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Angola

In 2020, the amount of ribbed or other deformed wire rod of non-alloy steel exported from Angola totaled X tons, almost unchanged from 2019 figures. Over the period under review, exports showed a abrupt descent. The smallest decline of 99.9% was in 2017. The exports peaked at X tons in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, deformed non-alloy steel wire rod exports stood at $X in 2020. Overall, exports continue to indicate a drastic downturn. The smallest decline of 99.9% was in 2017. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for deformed non-alloy steel wire rod exports from Angola, accounting for a approx. 100% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to Mauritania amounted to -18.9%.

From 2016 to 2020, the average annual rate of growth in terms of value to Mauritania totaled -15.2%.

Export Prices by Country

In 2020, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, remaining stable against the previous year. Overall, the export price recorded a tangible increase. The pace of growth appeared the most rapid in 2017 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2016 to 2020, the rate of growth in terms of prices for Mauritania amounted to +4.6% per year.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Angola

In 2021, imports of ribbed or other deformed wire rod of non-alloy steel into Angola contracted rapidly to X tons, waning by -75.7% compared with the previous year's figure. Overall, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 151%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, deformed non-alloy steel wire rod imports dropped rapidly to $X in 2021. Over the period under review, imports saw a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 282% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), Brazil (X tons) and China (X tons) were the main suppliers of deformed non-alloy steel wire rod imports to Angola, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of -8.5%), while imports for the other leaders experienced a decline.

In value terms, Brazil ($X), Spain ($X) and China ($X) appeared to be the largest deformed non-alloy steel wire rod suppliers to Angola, together comprising 77% of total imports.

Among the main suppliers, Spain, with a CAGR of -16.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2021, increasing by 20% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, deformed non-alloy steel wire rod import price increased by +89.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+19.8%), 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 ribbed or other deformed wire rod of non-alloy steel in the world?

China remains the largest deformed non-alloy steel wire rod consuming country worldwide, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of ribbed or other deformed wire rod of non-alloy steel in the world?

China remains the largest deformed non-alloy steel wire rod producing country worldwide, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the leading suppliers of ribbed or other deformed wire rod of non-alloy steel to Angola?

In value terms, the largest deformed non-alloy steel wire rod suppliers to Angola were China, Brazil and Turkey, together comprising 81% of total imports.

What is the average export price for ribbed or other deformed wire rod of non-alloy steel in Angola?

The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $448 per ton in 2016, flattening at the previous year.

What is the average import price for ribbed or other deformed wire rod of non-alloy steel in Angola?

The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $559 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)

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:

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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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024