Angola: Industrial Bakery Machinery Market 2024

Industrial Bakery Machinery Market Size in Angola

In 2022, the Angolan industrial bakery machinery market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Industrial Bakery Machinery Production in Angola

In value terms, industrial bakery machinery production contracted to $X in 2022 estimated in export price. In general, production, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Industrial bakery machinery production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Industrial Bakery Machinery Exports

Exports from Angola

In 2022, approx. X units of industrial bakery machinery were exported from Angola; stabilizing at the previous year. Over the period under review, exports posted notable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial bakery machinery exports amounted to $X in 2022. In general, exports faced a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cuba (X units), Brazil (X units) and Gambia (X units) were the main destinations of industrial bakery machinery exports from Angola.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Gambia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average industrial bakery machinery export price amounted to $X per unit, standing approx. at the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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 Gambia ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%).

Industrial Bakery Machinery Imports

Imports into Angola

In 2022, purchases abroad of industrial bakery machinery increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports saw a measured increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial bakery machinery imports reached $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest industrial bakery machinery supplier to Angola, with a X% share of total imports. Moreover, industrial bakery machinery imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Germany (X units), with an X% share.

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

In value terms, Italy ($X) constituted the largest supplier of industrial bakery machinery to Angola, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).

Import Prices by Country

The average industrial bakery machinery import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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