Angola - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Angola - 2022
Contents:
- Price for Balancing Mechanical Parts Machine in Angola (FOB) - 2022
- Price for Balancing Mechanical Parts Machine in Angola (CIF) - 2022
- Exports of Balancing Mechanical Parts Machine in Angola
- Imports of Balancing Mechanical Parts Machine in Angola
Price for Balancing Mechanical Parts Machine in Angola (FOB) - 2022
In 2022, the average balancing mechanical parts machine export price amounted to $5,427 per unit, picking up by 5.6% against the previous year. Overall, the export price enjoyed a moderate increase. The growth pace was the most rapid in 2017 when the average export price increased by 106%. As a result, the export price attained the peak level of $10,983 per unit. From 2018 to 2022, the average 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 Norway ($18,539 per unit), while the average price for exports to Portugal ($798 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 the United States (+45.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in Angola (CIF) - 2022
The average balancing mechanical parts machine import price stood at $1,698 per unit in 2022, rising by 12% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 99%. As a result, import price attained the peak level of $4,362 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 the UK ($7,692 per unit), while the price for Spain ($334 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Balancing Mechanical Parts Machine in Angola
In 2022, after two years of decline, there was significant growth in shipments abroad of machines for balancing mechanical parts, when their volume increased by 33% to 12 units. Overall, exports, however, continue to indicate a sharp decrease. Over the period under review, the exports attained the maximum at 29 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, balancing mechanical parts machine exports surged to $66K in 2022. In general, exports, however, recorded a abrupt decrease. The exports peaked at $91K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Balancing Mechanical Parts Machine in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 22.8 | 63.9 | 0.8 | 23.1 | 0.4% |
| Norway | 36.3 | 5.3 | 2.8 | 14.3 | -26.7% |
| France | 9.5 | 15.1 | 13.3 | 13.5 | 12.4% |
| South Africa | N/A | 0.2 | 11.9 | 10.8 | 634.8% |
| Portugal | 0.6 | 1.2 | 1.4 | 2.9 | 69.1% |
| Guinea | 1.5 | N/A | N/A | N/A | 0% |
| United States | 14.7 | N/A | N/A | N/A | 0% |
| Others | 5.4 | 1.2 | 15.0 | 1.3 | -37.8% |
| Total | 90.9 | 86.8 | 45.2 | 66.0 | -10.1% |
Top Export Markets for Balancing Mechanical Parts Machine from Angola in 2022:
- Portugal (4.0 units)
- United Kingdom (3.0 units)
- South Africa (2.0 units)
- France (2.0 units)
- Norway (1.0 units)
Imports of Balancing Mechanical Parts Machine in Angola
In 2022, overseas purchases of machines for balancing mechanical parts increased by 143% to 68 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp slump. Over the period under review, imports reached the maximum at 185 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, balancing mechanical parts machine imports surged to $116K in 2022. In general, imports, however, showed a abrupt downturn. Imports peaked at $191K in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Balancing Mechanical Parts Machine in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 18.9 | 39.7 | 2.0 | 20.4 | 2.6% |
| Portugal | 21.0 | 56.7 | 2.5 | 16.6 | -7.5% |
| Germany | 4.8 | 0.6 | 5.3 | 9.5 | 25.6% |
| China | 66.3 | 23.3 | 3.9 | 9.5 | -47.7% |
| Sweden | 0.1 | 23.6 | N/A | 9.1 | 349.8% |
| South Africa | 17.2 | 3.4 | 1.0 | 3.5 | -41.2% |
| United States | 14.2 | 2.5 | 0.3 | 2.9 | -41.1% |
| Lebanon | 2.1 | 2.1 | 1.4 | 2.4 | 4.6% |
| Netherlands | 2.4 | 1.9 | 0.4 | 1.8 | -9.1% |
| Spain | 8.1 | N/A | 0.2 | 0.9 | -51.9% |
| Others | 35.4 | 36.7 | 24.9 | 39.7 | 3.9% |
| Total | 191 | 191 | 41.9 | 116 | -15.3% |
Top Suppliers of Balancing Mechanical Parts Machine to Angola in 2022:
- China (23.0 units)
- Germany (13.0 units)
- Portugal (11.0 units)
- United States (3.0 units)
- Lebanon (3.0 units)
- United Kingdom (3.0 units)
- Spain (3.0 units)
- Netherlands (2.0 units)
- Sweden (2.0 units)
- South Africa (1.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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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