Angola: Stainless Steel Sink Market 2025

Stainless Steel Sink Market Size in Angola

The Angolan stainless steel sink market was estimated at $X in 2021, surging by 2.2% 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 perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Stainless Steel Sink Exports

Exports from Angola

After two years of growth, shipments abroad of stainless steel sinks and wash basins decreased by -72.7% to X units in 2021. In general, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2017 with an increase of 92% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, stainless steel sink exports fell notably to $X in 2021. Over the period under review, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2017 when exports increased by 273%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) and Sao Tome and Principe (X units) were the main destinations of stainless steel sink exports from Angola. Moreover, stainless steel sink exports in Democratic Republic of the Congo exceeded the figures recorded by the second-largest exporter, Sao Tome and Principe, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of -29.8%).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for stainless steel sink exports from Angola, comprising 87% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at -28.8%.

Export Prices by Country

In 2021, the average stainless steel sink export price amounted to $X per unit, falling by -47.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Sao Tome and Principe amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Sink Imports

Imports into Angola

In 2021, approx. X units of stainless steel sinks and wash basins were imported into Angola; almost unchanged from the previous year. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 289%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, stainless steel sink imports rose modestly to $X in 2021. In general, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 277%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest stainless steel sink supplier to Angola, with a 62% share of total imports. Moreover, stainless steel sink imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. The third position in this ranking was taken by Israel (X units), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-2.3% per year) and Israel (+59.7% per year).

In value terms, Portugal ($X) constituted the largest supplier of stainless steel sink to Angola, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by Israel, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from Portugal was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.0% per year) and Israel (+49.0% per year).

Import Prices by Country

The average stainless steel sink import price stood at $X per unit in 2021, growing by 2.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 when the average import price increased by 32%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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