Report Update: May 1, 2024

Angola - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights

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Copper Stranded Wire Price in Angola - 2022

Copper Stranded Wire Price in Angola (CIF) - 2022

In 2022, the average copper stranded wire import price amounted to $11,340 per ton, picking up by 18% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 37%. As a result, import price reached the peak level of $11,942 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ghana ($14,588 per ton), while the price for China ($2,579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+6.1%), while the prices for the other major suppliers experienced a decline.

Copper Stranded Wire Price in Angola (FOB) - 2022

The average copper stranded wire export price stood at $9,937 per ton in 2021, approximately mirroring the previous year. Overall, the export price saw slight growth. The growth pace was the most rapid in 2019 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($21,911 per ton), while the average price for exports to the United Arab Emirates stood at $7,397 per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+116.4%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Stranded Wire Imports in Angola

In 2022, approx. 405 tons of copper stranded wire, cables and plaited bands were imported into Angola; shrinking by -47.6% compared with the year before. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 420% against the previous year. As a result, imports reached the peak of 773 tons, and then dropped notably in the following year.

In value terms, copper stranded wire imports shrank rapidly to $4.6M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 318%. As a result, imports reached the peak of $7.4M, and then declined rapidly in the following year.

Import of Copper Stranded Wire in Angola (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ghana	3,570	1,529	5,077	4,001	3.9%
Brazil	114	39.6	37.6	192	19.0%
China	533	112	95.4	138	-36.3%
Portugal	244	39.4	197	130	-18.9%
Spain	160	19.3	84.5	64.7	-26.1%
Turkey	10.6	15.4	42.7	28.2	38.6%
Others	83.4	19.4	1,880	40.2	-21.6%
Total	4,715	1,774	7,414	4,594	-0.9%

Top Suppliers of Copper Stranded Wire to Angola in 2022:

Ghana (274.3 tons)
China (53.5 tons)
Brazil (30.8 tons)
Portugal (18.3 tons)
Spain (15.8 tons)
Turkey (9.5 tons)

Copper Stranded Wire Exports in Angola

In 2021, copper stranded wire exports from Angola totaled 86 tons, approximately equating the previous year. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, copper stranded wire exports amounted to $850K in 2021. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Export of Copper Stranded Wire in Angola (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
United Arab Emirates	N/A	N/A	522	0%
Tanzania	N/A	N/A	328	0%
Democratic Republic of the Congo	55.2	N/A	N/A	0%
Guinea	79.4	N/A	N/A	0%
Malaysia	20.0	N/A	N/A	0%
Others	N/A	N/A	N/A	0%
Total	155	N/A	850	134.2%

Top Export Markets for Copper Stranded Wire from Angola in 2022:

United Arab Emirates (70.6 tons)
Tanzania (15.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the copper stranded wire 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 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023