Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola - 2022
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (CIF) - 2022
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (FOB) - 2022
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (CIF) - 2022
In 2022, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $16 per unit, with a decrease of -20.6% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 159% against the previous year. Over the period under review, average import prices attained the maximum at $30 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Portugal ($41 per unit), while the price for the United Arab Emirates ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (FOB) - 2022
The average export price for refrigerating or freezing equipment; parts thereof, other than furniture stood at $2.4 per unit in 2022, reducing by -71% against the previous year. Overall, the export price recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 846%. The export price peaked at $33 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($11 per unit), while the average price for exports to Guinea ($0.3 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 Democratic Republic of the Congo (-11.3%), while the prices for the other major destinations experienced a decline.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola
In 2022, imports of refrigerating or freezing equipment; parts thereof, other than furniture into Angola soared to 622K units, rising by 252% compared with the year before. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture skyrocketed to $9.8M in 2022. Over the period under review, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,452 | 195 | 1,374 | 6,272 | 62.9% |
| Portugal | 2,064 | 1,988 | 895 | 1,482 | -10.5% |
| Lebanon | 501 | 131 | 69.1 | 446 | -3.8% |
| South Africa | 299 | 103 | 180 | 348 | 5.2% |
| United Arab Emirates | 10.1 | 14.6 | 59.3 | 215 | 177.1% |
| Namibia | 892 | 0.3 | N/A | 0.9 | -90.0% |
| Others | 887 | 1,104 | 931 | 1,040 | 5.4% |
| Total | 6,105 | 3,535 | 3,508 | 9,804 | 17.1% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Angola in 2022:
- China (467.9K units)
- United Arab Emirates (63.5K units)
- Portugal (36.3K units)
- Lebanon (25.4K units)
- South Africa (11.2K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola
Exports of refrigerating or freezing equipment; parts thereof, other than furniture from Angola surged to 233 units in 2022, with an increase of 110% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,405%. As a result, the exports attained the peak of 1.2K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture contracted markedly to $553 in 2022. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of $1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 680 | N/A | 820 | 423 | -14.6% |
| Guinea | N/A | N/A | N/A | 55.0 | 0% |
| Sao Tome and Principe | N/A | N/A | N/A | 30.0 | 0% |
| Senegal | N/A | N/A | N/A | 23.0 | 0% |
| Portugal | N/A | N/A | N/A | 22.0 | 0% |
| Mozambique | N/A | 219 | N/A | N/A | 0% |
| Namibia | N/A | 765 | N/A | N/A | 0% |
| Congo | N/A | N/A | 40.0 | N/A | 0% |
| Others | 43.0 | 19.0 | 49.0 | N/A | 6.7% |
| Total | 723 | 1,003 | 909 | 553 | -8.5% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Angola in 2022:
- Guinea (163.0 units)
- Democratic Republic of the Congo (40.0 units)
- Senegal (13.0 units)
- Sao Tome and Principe (10.0 units)
- Portugal (7.0 units)
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