Angola - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpades and Shovels Price in Angola - 2022
Contents:
- Spades and Shovels Price in Angola (CIF) - 2022
- Spades and Shovels Price in Angola (FOB) - 2022
- Spades and Shovels Imports in Angola
- Spades and Shovels Exports in Angola
Spades and Shovels Price in Angola (CIF) - 2022
In December 2022, the average spades and shovels import price amounted to $828 per ton, dropping by -74.8% against the previous month. Over the period under review, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in July 2022 when the average import price increased by 179% month-to-month. The import price peaked at $3,279 per ton in November 2022, and then shrank remarkably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -10.7% per month.
Spades and Shovels Price in Angola (FOB) - 2022
The average spades and shovels export price stood at $1,207 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,939 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 Democratic Republic of the Congo ($2,497 per ton), while the average price for exports to Portugal ($549 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 Democratic Republic of the Congo (-1.0%), while the prices for the other major destinations experienced a decline.
Spades and Shovels Imports in Angola
In 2022, the amount of spades and shovels imported into Angola contracted to 592 tons, which is down by -12% on the year before. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 51%.
In value terms, spades and shovels imports contracted to $830K in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30%.
| Import of Spades and Shovels in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,072 | 524 | 734 | 579 | -18.6% |
| United Arab Emirates | 64.4 | 89.7 | 66.3 | 54.4 | -5.5% |
| Portugal | 63.2 | 40.4 | 48.2 | 41.7 | -12.9% |
| Congo | 0.1 | 2.6 | 3.1 | 2.4 | 188.4% |
| Others | 47.2 | 65.3 | 87.2 | 152 | 47.7% |
| Total | 1,247 | 722 | 938 | 830 | -12.7% |
Top Suppliers of Spades and Shovels to Angola in 2022:
- China (467.6 tons)
- United Arab Emirates (59.7 tons)
- Portugal (20.7 tons)
- Congo (13.4 tons)
Spades and Shovels Exports in Angola
In 2022, exports of spades and shovels from Angola amounted to 2.3 tons, with an increase of 3.3% on the previous year. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 18%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, spades and shovels exports totaled $2.8K in 2022. The total export value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, the exports attained the peak of $2.9K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spades and Shovels in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,447 | 1,637 | 272 | 1,424 | -0.5% |
| Mozambique | 107 | 913 | 2,032 | 1,222 | 125.2% |
| Portugal | 59.0 | 60.0 | 138 | 83.0 | 12.0% |
| Nigeria | N/A | 198 | N/A | N/A | 0% |
| Belgium | N/A | N/A | 108 | N/A | 0% |
| Guinea | 118 | N/A | N/A | N/A | 0% |
| Others | 247 | 126 | 135 | 81.0 | -31.0% |
| Total | 1,978 | 2,934 | 2,685 | 2,810 | 12.4% |
Top Export Markets for Spades and Shovels from Angola in 2022:
- Mozambique (1585.0 kg)
- Democratic Republic of the Congo (570.0 kg)
- Portugal (151.0 kg)
This report provides an in-depth analysis of the spades and shovels market 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 25731010 - Spades and shovels
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.
-
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
-
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
-
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
-
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
-
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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