Price for Floating or Submersible Drilling or Production Platforms in Angola - 2022

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Angola (FOB) - 2022
  2. Price for Floating or Submersible Drilling or Production Platforms in Angola (CIF) - 2022
  3. Exports of Floating or Submersible Drilling or Production Platforms in Angola
  4. Imports of Floating or Submersible Drilling or Production Platforms in Angola

Price for Floating or Submersible Drilling or Production Platforms in Angola (FOB) - 2022

The average export price for floating or submersible drilling or production platformses stood at $88,188,812 per unit in 2022, jumping by 188% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 553% against the previous year. The export price peaked at $118,293,201 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($155,502,064 per unit), while the average price for exports to Mauritania ($22,744,286 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9,486.3%), while the prices for the other major destinations experienced a decline.

Price for Floating or Submersible Drilling or Production Platforms in Angola (CIF) - 2022

The average import price for floating or submersible drilling or production platformses stood at $66,733 per unit in 2022, rising by 308% against the previous year. In general, the import price, however, saw a dramatic slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3,883%. Over the period under review, average import prices reached the peak figure at $112,874,738 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -30.7% per year.

Exports of Floating or Submersible Drilling or Production Platforms in Angola

For the third consecutive year, Angola recorded growth in overseas shipments of floating or submersible drilling or production platformses, which increased by 150% to 5 units in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of floating or submersible drilling or production platformses skyrocketed to $441M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Floating or Submersible Drilling or Production Platforms in Angola (Million USD)
COUNTRY202020212022CAGR,
2020-2022
South AfricaN/AN/A3110%
ItalyN/AN/A84.50%
MauritaniaN/AN/A45.50%
SpainN/A52.7N/A0%
Congo4.98.6N/A75.5%
Singapore4.4N/AN/A0%
OthersN/AN/AN/A0%
Total9.461.3441584.9%

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Angola in 2022:

  1. Mauritania (2.0 units)
  2. South Africa (2.0 units)
  3. Italy (1.0 units)

Imports of Floating or Submersible Drilling or Production Platforms in Angola

In 2022, purchases abroad of floating or submersible drilling or production platformses decreased by -88.9% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 10%. As a result, imports reached the peak of 11 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of floating or submersible drilling or production platformses declined notably to $67K in 2022. In general, imports saw a sharp descent. The smallest decline of -47.9% was in 2021. Imports peaked at $118M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Floating or Submersible Drilling or Production Platforms in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A0.10%
South Korea67.40.30.1N/A-96.1%
ChinaN/AN/AN/AN/A0%
Gabon3.8N/AN/AN/A0%
Congo0.3N/AN/AN/A0%
United KingdomN/AN/AN/AN/A0%
France46.4N/AN/AN/A0%
South AfricaN/AN/AN/AN/A0%
PortugalN/AN/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
United StatesN/AN/AN/AN/A0%
BrazilN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1180.30.10.1-90.5%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Angola in 2022:

  1. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Angola