Angola: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Angola

In 2022, the Angolan market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a abrupt downturn. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Exports from Angola

Exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Angola dropped markedly to X units in 2021, reducing by X% on the year before. Over the period under review, exports continue to indicate a sharp contraction. Over the period under review, the exports of reached the peak figure at X units in 2020, and then contracted sharply in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA shrank dramatically to $X in 2021. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Norway (X units) and Senegal (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Angola.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%).

In value terms, Norway ($X) emerged as the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports from Angola, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports.

From 2015 to 2021, the average annual growth rate of value to Norway was relatively modest.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2021, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Senegal stood at $X per unit.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA

Imports into Angola

Imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA into Angola fell to X units in 2022, with a decrease of X% compared with the previous year. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA reached $X in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Portugal (X units), China (X units) and Turkey (X units) were the main suppliers of imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Angola, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), China ($X) and Turkey ($X) appeared to be the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to Angola, together accounting for X% of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform