Angola: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2024

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Angola

The Angolan market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) soared to $X in 2022, 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). Overall, consumption, however, showed a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from Angola

In 2022, the amount of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) exported from Angola soared to X units, with an increase of X% against the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, LCD or LED indicator panel exports surged to $X in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for LCD or LED indicator panel exports from Angola, with a X% share of total exports. Moreover, LCD or LED indicator panel exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sao Tome and Principe (X units), fourfold.

From 2015 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for LCD or LED indicator panel exported from Angola were Sao Tome and Principe ($X), the Netherlands ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Sao Tome and Principe, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price recorded a precipitous decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into Angola

In 2022, lcd or led indicator panel imports into Angola soared to X units, with an increase of X% on the previous year's figure. Overall, imports, however, showed a deep reduction. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, LCD or LED indicator panel imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X units) constituted the largest supplier of LCD or LED indicator panel to Angola, accounting for a X% share of total imports. Moreover, LCD or LED indicator panel imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Brazil (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) to Angola, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Kenya ($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 mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :