Angola: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Angola

In 2022, the Angolan market for window or wall air conditioning systems, self-contained or split-systems was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, saw a abrupt contraction. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Angola

In 2022, the amount of window or wall air conditioning systems, self-contained or split-systems exported from Angola fell rapidly to X units, with a decrease of -38.5% on 2021 figures. In general, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2016 with an increase of 54% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems rose notably to $X in 2022. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2016 when exports increased by 105% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Angola, accounting for a 29% share of total exports. Moreover, exports of window or wall air conditioning systems, self-contained or split-systems to Nigeria exceeded the volume sent to the second major destination, Cuba (X units), fourfold. The third position in this ranking was held by Guinea (X units), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Nigeria totaled -27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (-29.8% per year) and Guinea (-6.7% per year).

In value terms, Nigeria ($X) remains the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Angola, comprising 68% of total exports. The second position in the ranking was taken by Cuba ($X), with a 27% share of total exports. It was followed by Democratic Republic of the Congo, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria stood at -19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (-24.2% per year) and Democratic Republic of the Congo (-33.9% per year).

Export Prices by Country

In 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, growing by 72% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($X per unit), while the average price for exports to Germany ($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 Nigeria (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Angola

In 2022, overseas purchases of window or wall air conditioning systems, self-contained or split-systems were finally on the rise to reach X units after three years of decline. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 112% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems amounted to $X in 2022. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 115%. Over the period under review, imports of hit record highs 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 window, wall, or split air conditioning system to Angola, accounting for a 76% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), sevenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-11.9% per year) and the United Arab Emirates (-4.3% per year).

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Angola, comprising 77% of total imports. The second position in the ranking was held by Portugal ($X), with a 9.8% share of total imports. It was followed by the United Arab Emirates, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-15.7% per year) and the United Arab Emirates (-8.5% per year).

Import Prices by Country

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, shrinking by -9.6% against the previous year. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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