Angola - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Angola - 2022
Contents:
- Non-Alloy Steel U-Section Price in Angola (CIF) - 2022
- Non-Alloy Steel U-Section Price in Angola (FOB) - 2022
- Non-Alloy Steel U-Section Imports in Angola
- Non-Alloy Steel U-Section Exports in Angola
Non-Alloy Steel U-Section Price in Angola (CIF) - 2022
The average non-alloy steel u-section import price stood at $904 per ton in 2022, declining by -31.3% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2014 when the average import price increased by 778%. As a result, import price attained the peak level of $11,059 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($2,224 per ton), while the price for China ($601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.9%), while the prices for the other major suppliers experienced a decline.
Non-Alloy Steel U-Section Price in Angola (FOB) - 2022
The average non-alloy steel u-section export price stood at $821 per ton in 2022, with an increase of 143% against the previous year. Overall, the export price, however, saw a abrupt downturn. Over the period under review, the average export prices attained the maximum at $1,579 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2016 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -8.6% per year.
Non-Alloy Steel U-Section Imports in Angola
In 2022, approx. 2.2K tons of u-sections of non-alloy steel were imported into Angola; jumping by 183% against 2021 figures. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 187%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, non-alloy steel u-section imports skyrocketed to $2M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Non-Alloy Steel U-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.3 | 463 | 306 | 644 | 96.9% |
| Portugal | 209 | 387 | 222 | 523 | 35.8% |
| South Africa | 115 | 58.2 | 3.9 | 521 | 65.5% |
| Turkey | 61.6 | 326 | 32.5 | 225 | 54.0% |
| India | 24.7 | 14.2 | 6.8 | 2.2 | -55.3% |
| United Arab Emirates | 72.2 | 63.2 | 46.4 | N/A | -19.8% |
| Others | 150 | 179 | 401 | 64.5 | -24.5% |
| Total | 716 | 1,491 | 1,019 | 1,979 | 40.3% |
Top Suppliers of Non-Alloy Steel U-Section to Angola in 2022:
- China (1072.1 tons)
- South Africa (553.5 tons)
- Turkey (270.4 tons)
- Portugal (235.0 tons)
- India (3.5 tons)
Non-Alloy Steel U-Section Exports in Angola
In 2022, after three years of growth, there was significant decline in overseas shipments of u-sections of non-alloy steel, when their volume decreased by -92.6% to 1.7 tons. In general, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 455% against the previous year. As a result, the exports reached the peak of 23 tons, and then reduced notably in the following year.
In value terms, non-alloy steel u-section exports dropped markedly to $1.4K in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 169% against the previous year. As a result, the exports attained the peak of $7.8K, and then fell remarkably in the following year.
| Export of Non-Alloy Steel U-Section in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.8 | 1.0 | 7.8 | 1.4 | -8.0% |
| South Africa | N/A | 1.4 | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 1.8 | 2.9 | 7.8 | 1.4 | -8.0% |
Top Export Markets for Non-Alloy Steel U-Section from Angola in 2022:
- Democratic Republic of the Congo (1.7 tons)
This report provides an in-depth analysis of the non-alloy steel u-section 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
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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