Report Update Jan 1, 2025

Angola - Stranded Wire, Ropes and Cables - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Stranded Wire Market 2025

Stranded Wire Market Size in Angola

After three years of decline, the Angolan stranded wire market increased by 66% to $X in 2021. Overall, consumption, however, recorded a deep downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Stranded Wire Exports

Exports from Angola

In 2021, after two years of decline, there was significant growth in shipments abroad of stranded wire, ropes and cables, when their volume increased by 113% to X tons. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2014 when exports increased by 311%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, stranded wire exports soared to $X in 2021. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 663% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Congo (X tons) was the main destination for stranded wire exports from Angola, accounting for a 78% share of total exports. Moreover, stranded wire exports to Congo exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Congo totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+29.6% per year) and Germany (0.0% per year).

In value terms, the largest markets for stranded wire exported from Angola were the United Arab Emirates ($X), Tanzania ($X) and Congo ($X), with a combined 98% share of total exports.

The United Arab Emirates, with a CAGR of +80.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average stranded wire export price amounted to $X per ton, growing by 241% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to the Netherlands ($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 the United Arab Emirates (+39.0%), while the prices for the other major destinations experienced a decline.

Stranded Wire Imports

Imports into Angola

After three years of decline, purchases abroad of stranded wire, ropes and cables increased by 53% to X tons in 2021. Over the period under review, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by 213% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, stranded wire imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by 90% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Portugal (X tons) were the main suppliers of stranded wire imports to Angola, together comprising 49% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +40.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constituted the largest supplier of stranded wire, ropes and cables to Angola, comprising 24% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by India, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Ghana totaled +32.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.4% per year) and India (+46.6% per year).

Import Prices by Country

In 2021, the average stranded wire import price amounted to $X per ton, growing by 22% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The growth pace was the most rapid in 2019 an increase of 78%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), 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 stranded wire, ropes and cables in the world?

The countries with the highest volumes of stranded wire consumption in 2020 were China, India and the United States, together accounting for 46% of global consumption.

What are the largest producers of stranded wire, ropes and cables in the world?

China remains the largest stranded wire producing country worldwide, accounting for 33% of total volume. Moreover, stranded wire production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of stranded wire, ropes and cables to Angola?

In value terms, the largest stranded wire suppliers to Angola were the United Arab Emirates, India and Portugal, together comprising 87% of total imports.

What are the leading importers of stranded wire, ropes and cables from Angola?

In value terms, Congo remains the key foreign market for stranded wire exports from Angola, comprising 65% of total exports. The second position in the ranking was occupied by South Africa, with a 14% share of total exports. It was followed by the Netherlands, with a 13% share.

What is the average export price for stranded wire, ropes and cables in Angola?

The average stranded wire export price stood at $2,030 per ton in 2020, approximately reflecting the previous year.

What is the average import price for stranded wire, ropes and cables in Angola?

The average stranded wire import price stood at $3,281 per ton in 2020, dropping by -8.2% against the previous year.

This report provides an in-depth analysis of the stranded wire 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 25931130 - Iron or steel stranded wire, ropes and cables (including stranded wires and wire ropes with or without attached fittings not electrically insulated) (excluding electrically insulated)
Prodcom 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
Prodcom 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
Prodcom 25931270 - Aluminium stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables

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
Find deeper insights into current market developments
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 2012–2024
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