Angola: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in Angola

In 2021, the Angolan market for pneumatic or hydraulic hand tools increased by 1.9% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a strong expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Pneumatic Or Hydraulic Hand Tools in Angola

In value terms, pneumatic or hydraulic hand tool production rose modestly to $X in 2021 estimated in export price. Overall, production, however, showed a strong increase. The growth pace was the most rapid in 2014 with an increase of 577% against the previous year. Pneumatic or hydraulic hand tool production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Angola

In 2021, shipments abroad of pneumatic or hydraulic hand tools increased by 56% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports posted measured growth. The most prominent rate of growth was recorded in 2017 with an increase of 286% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool exports totaled $X in 2021. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 138%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for pneumatic or hydraulic hand tool exports from Angola, with a 45% share of total exports. Moreover, pneumatic or hydraulic hand tool exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Singapore (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled +162,033.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+820.3% per year) and the Netherlands (+28.4% per year).

In value terms, Norway ($X) remains the key foreign market for pneumatic or hydraulic hand tools exports from Angola, comprising 55% of total exports. The second position in the ranking was taken by Singapore ($X), with an 11% share of total exports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+960.2% per year) and the Netherlands (+20.3% per year).

Export Prices by Country

In 2021, the average export price for pneumatic or hydraulic hand tools amounted to $X per ton, dropping by -35.9% against the previous year. In general, the export price, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 155%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Cote d'Ivoire ($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 Ghana (+112.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Angola

In 2021, the amount of pneumatic or hydraulic hand tools imported into Angola surged to X tons, increasing by 38% on 2020 figures. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Portugal (X tons) and the United States (X tons) were the main suppliers of pneumatic or hydraulic hand tool imports to Angola, together comprising 66% of total imports. These countries were followed by South Africa, the UK, France, Thailand, the United Arab Emirates and Germany, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +29.4%), while purchases for the other leaders experienced a decline.

In value terms, Portugal ($X), China ($X) and the UK ($X) were the largest pneumatic or hydraulic hand tool suppliers to Angola, with a combined 35% share of total imports. These countries were followed by France, Germany, the United States, South Africa, the United Arab Emirates and Thailand, which together accounted for a further 20%.

Thailand, with a CAGR of -2.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for pneumatic or hydraulic hand tools amounted to $X per ton, with a decrease of -10.1% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pneumatic or hydraulic hand tool import price increased by +26.4% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 61% against the previous year. The import price peaked at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($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 Arab Emirates (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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