Pumps; Parts Thereof Price in Angola - 2022
Contents:
- Pumps; Parts Thereof Price in Angola (CIF) - 2022
- Pumps; Parts Thereof Price in Angola (FOB) - 2022
- Pumps; Parts Thereof Imports in Angola
- Pumps; Parts Thereof Exports in Angola
Pumps; Parts Thereof Price in Angola (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $21,670 per ton, declining by -14.4% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46%. The import price peaked at $25,326 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($103,977 per ton), while the price for the United Arab Emirates ($2,116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+349.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Angola (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $18,864 per ton, with an increase of 17% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. The export price peaked at $46,504 per ton in 2012; however, from 2013 to 2022, the 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 Egypt ($68,816 per ton), while the average price for exports to Cote d'Ivoire ($3,642 per ton) 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Angola
In 2022, approx. 1.3K tons of pumps; parts thereoves were imported into Angola; surging by 17% against the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pumps; parts thereof imports reduced modestly to $28M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 40%.
| Import of Pumps; Parts Thereof in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.7 | 8.9 | 5.0 | 10.8 | 58.7% |
| Norway | 0.2 | 0.4 | 1.8 | 5.8 | 207.2% |
| Netherlands | 0.8 | 2.3 | 1.9 | 2.3 | 42.2% |
| France | 2.5 | 3.2 | 4.8 | 1.9 | -8.7% |
| United States | 3.9 | 3.1 | 3.5 | 1.4 | -28.9% |
| Portugal | 2.9 | 1.9 | 1.8 | 1.0 | -29.9% |
| South Africa | 1.8 | 1.4 | 1.9 | 0.9 | -20.6% |
| Italy | 0.6 | 2.3 | 2.5 | 0.8 | 10.1% |
| China | 0.9 | 0.4 | 0.4 | 0.5 | -17.8% |
| Russia | 0.2 | 0.5 | 0.4 | 0.2 | 0.0% |
| United Arab Emirates | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Germany | 0.8 | 0.5 | 0.6 | 0.1 | -50.0% |
| Denmark | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 2.2 | 2.2 | 2.7 | 1.5 | -12.0% |
| Total | 19.7 | 27.5 | 27.6 | 27.6 | 11.9% |
Top Suppliers of Pumps; Parts Thereof to Angola in 2022:
- United Kingdom (419.3 tons)
- China (246.4 tons)
- Portugal (120.1 tons)
- South Africa (107.2 tons)
- France (66.5 tons)
- Norway (55.7 tons)
- United Arab Emirates (47.6 tons)
- Netherlands (33.6 tons)
- Russia (29.5 tons)
- Italy (19.7 tons)
- Denmark (19.3 tons)
- Germany (17.9 tons)
- United States (17.8 tons)
Pumps; Parts Thereof Exports in Angola
After three years of growth, shipments abroad of pumps; parts thereoves decreased by -32.1% to 15 tons in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 518%.
In value terms, pumps; parts thereof exports fell sharply to $290K in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 346% against the previous year.
| Export of Pumps; Parts Thereof in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.9 | 17.4 | 184 | 125 | 417.9% |
| Namibia | N/A | 2.0 | 6.6 | 41.5 | 355.5% |
| Egypt | 0.3 | 5.4 | 6.5 | 19.8 | 304.1% |
| France | 1.0 | 15.3 | 15.1 | 17.1 | 157.6% |
| United Arab Emirates | 2.5 | 20.5 | 22.0 | 14.8 | 80.9% |
| United States | 4.8 | 20.1 | 21.6 | 14.6 | 44.9% |
| Saudi Arabia | 0.2 | 6.8 | 7.3 | 5.0 | 192.4% |
| Germany | 0.7 | 1.5 | 0.2 | 3.0 | 62.4% |
| Portugal | 0.1 | 4.7 | 3.7 | 2.9 | 207.2% |
| Cote d'Ivoire | 0.4 | 3.4 | 1.2 | 2.5 | 84.2% |
| Democratic Republic of the Congo | N/A | 0.2 | 3.6 | 2.4 | 246.4% |
| Sweden | N/A | 0.2 | 3.4 | 2.3 | 239.1% |
| Italy | 27.4 | 0.2 | N/A | 0.1 | -84.6% |
| Others | 10.0 | 117 | 89.3 | 39.3 | 57.8% |
| Total | 48.2 | 215 | 365 | 290 | 81.9% |
Top Export Markets for Pumps; Parts Thereof from Angola in 2022:
- Italy (undefined tons)
- United Kingdom (7.1 tons)
- Namibia (1.8 tons)
- France (1.0 tons)
- Cote d'Ivoire (0.7 tons)
- Saudi Arabia (0.6 tons)
- United Arab Emirates (0.6 tons)
- Germany (0.5 tons)
- United States (0.4 tons)
- Portugal (0.4 tons)
- Democratic Republic of the Congo (0.4 tons)
- Egypt (0.3 tons)
- Sweden (0.3 tons)
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