Angola: Seat Market 2025

Seat Market Size in Angola

The Angolan seat market rose to $X in 2021, increasing by 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, however, saw a deep setback. Seat consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Seat Exports

Exports from Angola

In 2021, approx. X tons of seats were exported from Angola; surging by 115% against 2020 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 640%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, seat exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 123% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for seat exports from Angola, accounting for a 9.1% share of total exports. Moreover, seat exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Congo (X kg), sixfold. Portugal (X kg) ranked third in terms of total exports with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo amounted to +105.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+45.0% per year) and Portugal (+22.4% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for seats exports from Angola, comprising 33% of total exports. The second position in the ranking was taken by Congo ($X), with a 13% share of total exports. It was followed by Portugal, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Democratic Republic of the Congo stood at +91.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+40.8% per year) and Portugal (+18.3% per year).

Export Prices by Country

In 2021, the average seat export price amounted to $X per ton, which is down by -42.3% against the previous year. In general, the export price showed a sharp slump. The growth pace was the most rapid in 2020 when the average export price increased by 275% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+11.8%), while the prices for the other major destinations experienced a decline.

Seat Imports

Imports into Angola

In 2021, approx. X tons of seats were imported into Angola; surging by 7.7% against the previous year. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 150% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, seat imports expanded to $X in 2021. Over the period under review, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest seat supplier to Angola, accounting for a 16% share of total imports. Moreover, seat imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-21.7% per year) and Turkey (+3.9% per year).

In value terms, the largest seat suppliers to Angola were Portugal ($X), China ($X) and Spain ($X), together accounting for 50% of total imports. These countries were followed by Turkey, South Africa, Namibia and Belgium, which together accounted for a further 6.3%.

Turkey, with a CAGR of +9.2%, 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 mixed trend patterns.

Import Prices by Country

The average seat import price stood at $X per ton in 2021, declining by -3.4% against the previous year. In general, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 104% against the previous year. The import price peaked at $X per ton in 2020, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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