Angola - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Domestic Furniture Price in Angola - 2022
Contents:
- Metal Domestic Furniture Price in Angola (CIF) - 2022
- Metal Domestic Furniture Price in Angola (FOB) - 2022
- Metal Domestic Furniture Imports in Angola
- Metal Domestic Furniture Exports in Angola
Metal Domestic Furniture Price in Angola (CIF) - 2022
In 2022, the average metal domestic furniture import price amounted to $2,853 per ton, increasing by 71% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Spain ($6,905 per ton), while the price for Namibia ($1,118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Domestic Furniture Price in Angola (FOB) - 2022
The average metal domestic furniture export price stood at $588 per ton in 2022, shrinking by -32.9% against the previous year. Over the period under review, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 89%. The export price peaked at $4,391 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,966 per ton), while the average price for exports to Sao Tome and Principe ($172 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+39.0%), while the prices for the other major destinations experienced a decline.
Metal Domestic Furniture Imports in Angola
In 2022, metal domestic furniture imports into Angola skyrocketed to 13K tons, with an increase of 24% against the year before. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal domestic furniture imports surged to $36M in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Domestic Furniture in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.4 | 7.1 | 6.1 | 11.2 | 6.0% |
| Portugal | 7.0 | 5.9 | 6.6 | 9.6 | 11.1% |
| Spain | 0.4 | 0.4 | 1.0 | 9.2 | 184.4% |
| United Arab Emirates | 0.1 | N/A | 0.2 | 1.2 | 128.9% |
| Turkey | 1.1 | 0.9 | 1.3 | 1.1 | 0.0% |
| South Africa | 0.8 | 0.4 | 0.3 | 0.9 | 4.0% |
| Brazil | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Hong Kong SAR | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Namibia | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 1.9 | 2.3 | 1.3 | 2.1 | 3.4% |
| Total | 21.2 | 17.5 | 17.1 | 36.4 | 19.7% |
Top Suppliers of Metal Domestic Furniture to Angola in 2022:
- China (7.3K tons)
- Portugal (1.6K tons)
- Spain (1.3K tons)
- Turkey (0.5K tons)
- United Arab Emirates (0.5K tons)
- Brazil (0.2K tons)
- South Africa (0.2K tons)
- Namibia (0.2K tons)
- Hong Kong SAR (0.2K tons)
Metal Domestic Furniture Exports in Angola
For the third consecutive year, Angola recorded decline in overseas shipments of metal furniture, which decreased by -52.8% to 46 tons in 2022. Overall, exports recorded a dramatic downturn. The smallest decline of -0.6% was in 2020.
In value terms, metal domestic furniture exports dropped markedly to $27K in 2022. Over the period under review, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 3.2%. As a result, the exports attained the peak of $120K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metal Domestic Furniture in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 79.3 | 34.4 | 13.4 | 6.1 | -57.5% |
| Portugal | 7.7 | 15.6 | 8.6 | 3.7 | -21.7% |
| Zambia | 1.1 | N/A | N/A | 3.2 | 42.8% |
| Brazil | 1.8 | 4.8 | 1.0 | 2.1 | 5.3% |
| Spain | 0.1 | N/A | 0.1 | 1.4 | 141.0% |
| Sao Tome and Principe | 1.7 | 0.8 | 0.1 | 0.5 | -33.5% |
| Nigeria | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Lebanon | 4.6 | 3.3 | N/A | N/A | -28.3% |
| Others | 19.5 | 60.9 | 61.2 | 9.5 | -21.3% |
| Total | 116 | 120 | 84.5 | 26.8 | -38.6% |
Top Export Markets for Metal Domestic Furniture from Angola in 2022:
- Democratic Republic of the Congo (27.3 tons)
- Portugal (5.6 tons)
- Sao Tome and Principe (3.1 tons)
- Zambia (1.8 tons)
- Nigeria (1.6 tons)
- Brazil (1.3 tons)
- Spain (1.0 tons)
- Lebanon (0.1 tons)
This report provides an in-depth analysis of the metal domestic furniture 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 31091100 - Metal furniture (excluding office, medical, surgical, dental or veterinary furniture, barbers
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
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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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