Report Update Nov 1, 2024

Angola - Seals of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in Angola

The Angolan vulcanised rubber seal market declined to $X in 2022, which is down by -10.4% 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 abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Vulcanised Rubber Seal Exports

Exports from Angola

In 2022, approx. X tons of seals of vulcanised rubber were exported from Angola; dropping by -20% on 2021 figures. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by 321%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber seal exports contracted remarkably to $X in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 152%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique (X kg), Portugal (X kg) and South Africa (X kg) were the main destinations of vulcanised rubber seal exports from Angola, together comprising 71% of total exports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +11.7%), while shipments for the other leaders experienced a decline.

In value terms, Mozambique ($X) remains the key foreign market for seals of vulcanised rubber exports from Angola, comprising 26% of total exports. The second position in the ranking was taken by South Africa ($X), with a 9.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mozambique stood at +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-30.0% per year) and Portugal (-31.1% per year).

Export Prices by Country

In 2022, the average vulcanised rubber seal export price amounted to $X per ton, with a decrease of -11.9% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 South Africa ($X per ton), while the average price for exports to Portugal ($X per ton) 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 (-0.2%), while the prices for the other major destinations experienced a decline.

Vulcanised Rubber Seal Imports

Imports into Angola

In 2022, approx. X tons of seals of vulcanised rubber were imported into Angola; falling by -12.1% compared with 2021. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2013 when imports increased by 101%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vulcanised rubber seal imports fell to $X in 2022. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of 101%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Portugal (X tons), China (X tons) and South Africa (X tons) were the main suppliers of vulcanised rubber seal imports to Angola, with a combined 53% share of total imports. The UK, the United States, India, the Netherlands and Brazil lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +12.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Portugal ($X) and the United States ($X) were the largest vulcanised rubber seal suppliers to Angola, together comprising 40% of total imports. China, South Africa, the Netherlands, Brazil and India lagged somewhat behind, together comprising a further 14%.

India, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average vulcanised rubber seal import price stood at $X per ton in 2022, surging by 2.5% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 40%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) 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 (+30.8%), 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 seals of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber seal consumption was China, comprising approx. 30% of total volume. Moreover, vulcanised rubber seal 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 an 11% share.

What are the largest producers of seals of vulcanised rubber in the world?

The country with the largest volume of vulcanised rubber seal production was China, accounting for 33% of total volume. Moreover, vulcanised rubber seal production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Turkey, with a 6.5% share.

What are the leading suppliers of seals of vulcanised rubber to Angola?

In value terms, the largest vulcanised rubber seal suppliers to Angola were Portugal, the UK and the United States, together comprising 78% of total imports. These countries were followed by the Netherlands and India, which together accounted for a further 8.8%.

What are the leading importers of seals of vulcanised rubber from Angola?

In value terms, Denmark emerged as the key foreign market for vulcanised rubber seal exports from Angola, comprising 83% of total exports. The second position in the ranking was occupied by the UK, with an 8.4% share of total exports. It was followed by Spain, with a 4.9% share.

What is the average export price for seals of vulcanised rubber in Angola?

In 2021, the average vulcanised rubber seal export price amounted to $44,406 per ton, approximately reflecting the previous year.

What is the average import price for seals of vulcanised rubber in Angola?

In 2021, the average vulcanised rubber seal import price amounted to $25,240 per ton, with a decrease of -18.4% against the previous year.

This report provides an in-depth analysis of the vulcanised rubber seal 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 22197323 - Seals, of vulcanised rubber

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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Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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