Angola: Gps Navigator Market 2022

Gps Navigator Market Size in Angola

The Angolan gps navigator market soared to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a resilient expansion. Gps navigator consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Gps Navigator Exports

Exports from Angola

For the fourth consecutive year, Angola recorded growth in shipments abroad of aeronautical or space navigation instruments and appliances, which increased by X% to X units in 2021. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, gps navigator exports reduced to $X in 2021. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for gps navigator exports from Angola, with a X% share of total exports. Moreover, gps navigator exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

In value terms, the largest markets for gps navigator exported from Angola were the Netherlands ($X), the United States ($X) and the UK ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average gps navigator export price stood at $X per unit in 2021, reducing by -X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced a decline.

Gps Navigator Imports

Imports into Angola

In 2021, imports of aeronautical or space navigation instruments and appliances into Angola skyrocketed to X units, picking up by X% compared with 2020. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, gps navigator imports expanded notably to $X in 2021. Overall, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X units) constituted the largest supplier of gps navigator to Angola, accounting for a X% share of total imports. Moreover, gps navigator imports from Switzerland exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sevenfold. Portugal (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Portugal (+X% per year).

In value terms, the largest gps navigator suppliers to Angola were Switzerland ($X), China ($X) and the Netherlands ($X), together accounting for X% of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gps navigator import price stood at $X per unit in 2021, waning by -X% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was China ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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