Angola: Television Receiver Market 2024

Television Receiver Market Size in Angola

The Angolan television receiver market fell significantly to $X in 2022, declining by -19% 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 continues to indicate a abrupt descent. Television receiver consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Television Receiver Exports

Exports from Angola

In 2022, approx. X units of television receivers were exported from Angola; rising by 16% against 2021 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 255% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, television receiver exports reduced to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 673% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sao Tome and Principe (X units) was the main destination for television receiver exports from Angola, with a 67% share of total exports. Moreover, television receiver exports to Sao Tome and Principe exceeded the volume sent to the second major destination, Portugal (X units), sevenfold. Mozambique (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to Sao Tome and Principe totaled +72.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+27.8% per year) and Mozambique (+57.2% per year).

In value terms, Sao Tome and Principe ($X) emerged as the key foreign market for television receivers exports from Angola, comprising 53% of total exports. The second position in the ranking was taken by Portugal ($X), with a 21% share of total exports. It was followed by South Africa, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sao Tome and Principe totaled +71.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+31.5% per year) and South Africa (+25.1% per year).

Export Prices by Country

The average television receiver export price stood at $X per unit in 2022, reducing by -24.9% against the previous year. Overall, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 an increase of 118%. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+215.9%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into Angola

In 2022, the amount of television receivers imported into Angola declined dramatically to X units, dropping by -18.3% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 114%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, television receiver imports shrank sharply to $X in 2022. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of television receiver to Angola, with a 73% share of total imports. Moreover, television receiver imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X units), more than tenfold. The third position in this ranking was held by Indonesia (X units), with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-18.2% per year) and Indonesia (-5.3% per year).

In value terms, China ($X) constituted the largest supplier of television receivers to Angola, comprising 79% of total imports. The second position in the ranking was taken by Portugal ($X), with a 3.5% share of total imports. It was followed by South Africa, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-7.9% per year) and South Africa (-24.2% per year).

Import Prices by Country

The average television receiver import price stood at $X per unit in 2022, declining by -1.8% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2013 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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