Angola - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Angola - 2022
Contents:
- Relay Price in Angola (CIF) - 2022
- Relay Price in Angola (FOB) - 2022
- Relay Imports in Angola
- Relay Exports in Angola
Relay Price in Angola (CIF) - 2022
The average relay import price stood at $2.1 per unit in 2022, waning by -24.9% against the previous year. In general, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2021 an increase of 28%. As a result, import price attained the peak level of $2.7 per unit, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6.6 per unit), while the price for the United Arab Emirates ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Angola (FOB) - 2022
The average relay export price stood at $1.4 per unit in 2022, declining by -6.1% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 42% against the previous year. As a result, the export price attained the peak level of $3.5 per unit. From 2015 to 2022, 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 ($1.6 per unit), while the average price for exports to Namibia ($0.8 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 Italy (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Imports in Angola
In 2022, purchases abroad of relays was finally on the rise to reach 1.1M units after two years of decline. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, relay imports contracted to $2.2M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $2.4M, and then reduced in the following year.
| Import of Relay in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 544 | 338 | 407 | 566 | 1.3% |
| China | 94.1 | 24.6 | 241 | 292 | 45.9% |
| United States | 116 | 357 | 176 | 121 | 1.4% |
| South Africa | 124 | 25.2 | 47.5 | 109 | -4.2% |
| France | 61.3 | 105 | 79.0 | 43.4 | -10.9% |
| Spain | 1.1 | 102 | 14.6 | 30.0 | 201.0% |
| Brazil | 19.8 | 45.2 | 260 | 27.5 | 11.6% |
| United Arab Emirates | 7.3 | 60.0 | 34.0 | 11.4 | 16.0% |
| Nigeria | 9.8 | 17.4 | 1.7 | 4.8 | -21.2% |
| Others | 1,005 | 960 | 1,103 | 994 | -0.4% |
| Total | 1,983 | 2,034 | 2,365 | 2,200 | 3.5% |
Top Suppliers of Relay to Angola in 2022:
- China (371.6K units)
- Portugal (247.7K units)
- South Africa (73.1K units)
- United Arab Emirates (24.3K units)
- United States (18.3K units)
- Spain (17.0K units)
- France (16.7K units)
- Brazil (13.3K units)
- Nigeria (9.4K units)
Relay Exports in Angola
In 2022, shipments abroad of relays was finally on the rise to reach 12K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous curtailment. The exports peaked at 24K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, relay exports rose significantly to $18K in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The exports peaked at $28K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Relay in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 21.9 | 0.3 | 0.2 | 14.2 | -13.4% |
| South Africa | 0.2 | 12.7 | 0.1 | 1.1 | 76.5% |
| United Kingdom | 1.1 | 0.4 | 0.5 | 0.9 | -6.5% |
| Sweden | 0.2 | 0.5 | 0.2 | 0.4 | 26.0% |
| Namibia | 0.4 | 0.8 | 0.3 | 0.4 | 0.0% |
| Belgium | 0.7 | 0.8 | 0.2 | 0.4 | -17.0% |
| Kuwait | N/A | N/A | 5.7 | N/A | 0% |
| Nigeria | N/A | 3.1 | N/A | N/A | 0% |
| Guinea | 0.5 | N/A | N/A | N/A | 0% |
| Canada | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 1.0 | 8.8 | 0.3 | -43.9% |
| Total | 28.1 | 19.6 | 15.9 | 17.7 | -14.3% |
Top Export Markets for Relay from Angola in 2022:
- Canada (undefinedK units)
- Norway (9.2K units)
- South Africa (1.1K units)
- United Kingdom (0.9K units)
- Namibia (0.5K units)
- Sweden (0.3K units)
- Belgium (0.1K units)
This report provides an in-depth analysis of the relay 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 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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