Angola - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Shovel and Excavator in Angola - 2022
Contents:
- Price for Mechanical Shovel and Excavator in Angola (CIF) - 2022
- Price for Mechanical Shovel and Excavator in Angola (FOB) - 2022
- Imports of Mechanical Shovel and Excavator in Angola
- Exports of Mechanical Shovel and Excavator in Angola
Price for Mechanical Shovel and Excavator in Angola (CIF) - 2022
In 2022, the average mechanical shovel and excavator import price amounted to $55,516 per unit, declining by -3.3% against the previous year. In general, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2015 an increase of 11%. As a result, import price attained the peak level of $73,540 per unit. From 2016 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 Germany ($77,018 per unit), while the price for Singapore ($8,427 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Angola (FOB) - 2022
In 2022, the average mechanical shovel and excavator export price amounted to $36,169 per unit, which is down by -12.7% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechanical shovel and excavator export price increased by +83.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 92%. As a result, the export price reached the peak level of $42,014 per unit. From 2017 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 Mozambique ($57,106 per unit), while the average price for exports to Cote d'Ivoire ($20,703 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 Sao Tome and Principe (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Angola
Mechanical shovel and excavator imports into Angola fell sharply to 928 units in 2022, shrinking by -16% on the previous year's figure. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, mechanical shovel and excavator imports fell notably to $52M in 2022. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked at $67M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Mechanical Shovel and Excavator in Angola (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.4 | 5.9 | 12.1 | 18.6 | 14.5% |
Japan | 0.8 | 2.1 | 12.2 | 5.4 | 89.0% |
South Korea | 14.9 | 3.4 | 3.2 | 4.0 | -35.5% |
United Arab Emirates | 2.1 | 2.6 | 4.0 | 3.5 | 18.6% |
Germany | 0.3 | 0.4 | 2.8 | 2.5 | 102.7% |
India | 1.3 | 1.4 | 1.7 | 1.5 | 4.9% |
South Africa | 1.9 | 2.2 | 5.1 | 1.5 | -7.6% |
Sweden | 1.1 | 1.4 | 2.4 | 1.4 | 8.4% |
Portugal | 2.6 | 2.1 | 2.0 | 1.3 | -20.6% |
Indonesia | 1.3 | 1.0 | 2.0 | 1.0 | -8.4% |
Switzerland | 1.4 | 1.0 | 1.4 | 0.8 | -17.0% |
Belgium | 2.6 | 0.6 | 1.3 | 0.8 | -32.5% |
Singapore | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 23.7 | 15.4 | 13.0 | 9.0 | -27.6% |
Total | 66.6 | 39.6 | 63.4 | 51.5 | -8.2% |
Top Suppliers of Mechanical Shovel and Excavator to Angola in 2022:
- China (246.0 units)
- Japan (161.0 units)
- South Korea (89.0 units)
- United Arab Emirates (84.0 units)
- India (36.0 units)
- Germany (33.0 units)
- Indonesia (31.0 units)
- South Africa (29.0 units)
- Sweden (28.0 units)
- Portugal (19.0 units)
- Switzerland (18.0 units)
- Singapore (15.0 units)
- Belgium (15.0 units)
Exports of Mechanical Shovel and Excavator in Angola
In 2022, overseas shipments of mechanical shovels, excavators and shovel loaders were finally on the rise to reach 16 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt shrinkage. The exports peaked at 25 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, mechanical shovel and excavator exports contracted modestly to $579K in 2022. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 0.4% against the previous year. The exports peaked at $827K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Mechanical Shovel and Excavator in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 150 | 136 | 77.0 | 208 | 11.5% |
Namibia | 64.4 | 69.9 | 74.0 | 124 | 24.4% |
Portugal | 91.1 | 155 | 95.7 | 74.1 | -6.7% |
Mozambique | 76.9 | 57.0 | 28.9 | 57.1 | -9.4% |
Congo | 56.3 | 40.3 | 23.1 | 52.4 | -2.4% |
Sao Tome and Principe | 7.4 | 34.9 | 13.1 | 21.3 | 42.2% |
Cote d'Ivoire | 77.9 | 4.4 | 15.2 | 20.7 | -35.7% |
Spain | 8.8 | N/A | N/A | N/A | 0% |
Argentina | 120 | N/A | N/A | N/A | 0% |
Belgium | N/A | N/A | 118 | N/A | 0% |
Guinea | 85.0 | N/A | N/A | N/A | 0% |
Cuba | N/A | N/A | 121 | N/A | 0% |
Others | 89.1 | 80.1 | 13.9 | 20.9 | -38.3% |
Total | 827 | 578 | 580 | 579 | -11.2% |
Top Export Markets for Mechanical Shovel and Excavator from Angola in 2022:
- Democratic Republic of the Congo (5.0 units)
- Namibia (4.0 units)
- Portugal (2.0 units)
- Congo (2.0 units)
- Sao Tome and Principe (1.0 units)
- Mozambique (1.0 units)
- Cote d'Ivoire (1.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
- Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
- Prodcom 28922600 - Self-propelled bulldozers... with a .360
- Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.
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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