Angola: Vehicle Windscreen Wiper Market 2024

Vehicle Windscreen Wiper Market Size in Angola

The Angolan vehicle windscreen wiper market skyrocketed to $X in 2021, rising by 133% 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 showed a resilient expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Vehicle Windscreen Wiper Exports

Exports from Angola

In 2021, shipments abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles decreased by -21.4% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 617%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, vehicle windscreen wiper exports skyrocketed to $X in 2021. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 550%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units), Sao Tome and Principe (X units) and Portugal (X units) were the main destinations of vehicle windscreen wiper exports from Angola, together comprising 73% of total exports. Moreover, vehicle windscreen wiper exports in South Africa exceeded the figures recorded by the second-largest exporter, Sao Tome and Principe, twofold.

From 2012 to 2021, the biggest increases were recorded for Sao Tome and Principe (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the key foreign market for windscreen wipers, defrosters and demisters for motorcycles or motor vehicles exports from Angola, comprising 70% of total exports. The second position in the ranking was taken by Portugal ($X), with an 18% share of total exports. It was followed by Sao Tome and Principe, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to South Africa amounted to -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-28.5% per year) and Sao Tome and Principe (+11.5% per year).

Export Prices by Country

In 2021, the average vehicle windscreen wiper export price amounted to $X per unit, surging by 150% against the previous year. Over the period under review, the export price recorded notable growth. The pace of growth was the most pronounced in 2015 an increase of 1,541%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Windscreen Wiper Imports

Imports into Angola

In 2021, approx. X units of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles were imported into Angola; jumping by 161% against the previous year's figure. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 952%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, vehicle windscreen wiper imports surged to $X in 2021. In general, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 513%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest vehicle windscreen wiper supplier to Angola, with a 62% share of total imports. Moreover, vehicle windscreen wiper imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), sixfold. Belgium (X units) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +30.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.9% per year) and Belgium (+41.5% per year).

In value terms, China ($X) constituted the largest supplier of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles to Angola, comprising 41% of total imports. The second position in the ranking was held by Portugal ($X), with a 9.1% share of total imports. It was followed by Belgium, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-13.3% per year) and Belgium (+14.1% per year).

Import Prices by Country

In 2021, the average vehicle windscreen wiper import price amounted to $X per unit, shrinking by -39.1% against the previous year. Overall, the import price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2017 an increase of 7.4%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Portugal ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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