Price for Machinery; Parts of the Machinery of Heading No. 8427 in Angola - 2022

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Angola (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Angola (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Angola
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Angola

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Angola (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $12,291 per ton, reducing by -21.9% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 an increase of 63%. Over the period under review, average import prices reached the peak figure at $18,140 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($46,961 per ton), while the price for Austria ($3,015 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Angola (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8427 stood at $2,939 per ton in 2022, declining by -58.8% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 537% against the previous year. As a result, the export price attained the peak level of $40,988 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,527 per ton), while the average price for exports to Switzerland ($379 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 Brazil (+576.9%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Angola

Imports of machinery; parts of the machinery of heading no. 8427 into Angola stood at 255 tons in 2022, picking up by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 contracted to $3.1M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of $3.6M, and then declined in the following year.

Import of Machinery; Parts of the Machinery of Heading No. 8427 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1741351,2751,617110.2%
Portugal744553275439-16.1%
China3653794094345.9%
France522192540107-41.0%
Netherlands54.940.531.987.416.8%
AustriaN/AN/AN/A60.30%
Mauritius9.7N/A3.247.870.2%
United States13226119343.1-31.1%
Belgium20121.378.342.5-40.4%
Brazil0.41.0N/A20.0268.4%
Others16721374723211.6%
Total2,3701,7963,5533,1309.7%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Angola in 2022:

  1. China (106.7 tons)
  2. Portugal (44.5 tons)
  3. Denmark (42.8 tons)
  4. Austria (20.0 tons)
  5. Brazil (6.6 tons)
  6. Mauritius (4.8 tons)
  7. Netherlands (4.2 tons)
  8. Belgium (2.8 tons)
  9. France (2.3 tons)
  10. United States (1.7 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Angola

In 2022, the amount of machinery; parts of the machinery of heading no. 8427 exported from Angola surged to 1.7 tons, growing by 93% on 2021 figures. Overall, exports, however, showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 244% against the previous year.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 fell markedly to $5.1K in 2022. Over the period under review, exports, however, showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 219% against the previous year.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A4.90%
Democratic Republic of the CongoN/AN/AN/A0.10%
SwitzerlandN/AN/AN/A0.10%
Norway60.7N/A4.1N/A-74.0%
DenmarkN/AN/A1.7N/A0%
PortugalN/A0.2N/AN/A0%
Brazil85.9N/AN/AN/A0%
OthersN/A1.80.6N/A-66.7%
Total1472.06.45.1-67.4%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Angola in 2022:

  1. Australia (1398.0 kg)
  2. Switzerland (285.0 kg)
  3. Democratic Republic of the Congo (50.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Angola - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 370

This report provides an in-depth analysis of the construction equipment blade market in Angola.

Angola - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 374

This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Angola.

Angola - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 292

This report provides an in-depth analysis of the colloidal precious metals market in Angola.

World - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 499

This report provides an in-depth analysis of the global construction equipment blade market.

World - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 483

This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.

World - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 525

This report provides an in-depth analysis of the global colloidal precious metals market.

Angola - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 370

This report provides an in-depth analysis of the construction equipment blade market in Angola.

Angola - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 374

This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Angola.

World - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 499

This report provides an in-depth analysis of the global construction equipment blade market.

World - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
Jun 1, 2024
Eye 483

This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.

Free Data: Machinery; parts of the machinery of heading no. 8427 - Angola