Report Angola - Binoculars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 11, 2022

Angola - Binoculars - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Binocular Market 2022

Binocular Market Size in Angola

In 2021, the Angolan binocular market increased by 42% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption continues to indicate tangible growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Binocular Exports

Exports from Angola

For the third year in a row, Angola recorded growth in overseas shipments of binoculars, which increased by 17% to X units in 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 13,200%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, binocular exports skyrocketed to $X in 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 10,604%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Portugal (X units), South Africa (X units) and Denmark (X units) were the main destinations of binocular exports from Angola, with a combined 62% share of total exports.

From 2012 to 2021, the biggest increases were in Portugal (with a CAGR of +53.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the key foreign market for binocular exports from Angola, comprising 75% of total exports. The second position in the ranking was held by the UK ($X), with a 9.8% share of total exports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to South Africa stood at +161.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+68.3% per year) and France (+39.8% per year).

Export Prices by Country

In 2021, the average binocular export price amounted to $X per unit, growing by 2.7% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 146%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per unit), while the average price for exports to Portugal ($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 South Africa (+68.3%), while the prices for the other major destinations experienced more modest paces of growth.

Binocular Imports

Imports into Angola

In 2021, supplies from abroad of binoculars increased by 41% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, imports posted temperate growth. The most prominent rate of growth was recorded in 2014 when imports increased by 182% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, binocular imports surged to $X in 2021. Overall, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of 138%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of binocular to Angola, with a 76% share of total imports. Moreover, binocular imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), ninefold. Spain (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+11.1% per year) and Spain (+5.9% per year).

In value terms, Russia ($X) constituted the largest supplier of binocular to Angola, comprising 98% of total imports. The second position in the ranking was held by South Africa ($X), with a 0.9% share of total imports. It was followed by Portugal, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-26.8% per year) and Portugal (-14.8% per year).

Import Prices by Country

In 2021, the average binocular import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of 278%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per unit), while the price for Spain (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for binoculars in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, together comprising 37% of global consumption. Pakistan, France, Germany, India, Japan, the UK, Spain, Indonesia, Turkey and Italy lagged somewhat behind, together comprising a further 30%.
What are the largest producers of binoculars in the world?
+
The country with the largest volume of binocular production was China, accounting for 67% of total volume. Moreover, binocular production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold. Russia ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of binoculars to Angola?
+
In value terms, Russia constituted the largest supplier of binocular to Angola, comprising 98% of total imports. The second position in the ranking was held by South Africa, with a 0.9% share of total imports. It was followed by Portugal, with a 0.4% share.
What are the leading importers of binoculars from Angola?
+
In value terms, South Africa remains the key foreign market for binocular exports from Angola, comprising 75% of total exports. The second position in the ranking was held by the UK $536), with a 9.8% share of total exports. It was followed by France, with a 7.8% share.
What is the average export price for binoculars in Angola?
+
The average binocular export price stood at $14 per unit in 2021, increasing by 2.7% against the previous year.
What is the average import price for binoculars in Angola?
+
In 2021, the average binocular import price amounted to $10 per unit, almost unchanged from the previous year.

This report provides an in-depth analysis of the binocular 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 26702230 - Binoculars (including night vision binoculars)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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