Angola: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Angola

In 2022, after three years of decline, there was significant growth in shipments abroad of iron or steel doors, thresholds for doors and windows, when their volume increased by 106% to X units. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 839% against the previous year. Over the period under review, the exports of hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of iron or steel doors, thresholds for doors and windows surged to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by 716% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Portugal (X units), Democratic Republic of the Congo (X units) and the UK (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from Angola, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +57.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for iron or steel doors, thresholds for doors and windows exports from Angola, comprising 50% of total exports. The second position in the ranking was held by Portugal ($X), with a 19% share of total exports. It was followed by Sao Tome and Principe, with a 19% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled +44.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+16.8% per year) and Sao Tome and Principe (+4.6% per year).

Export Prices by Country

The average export price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, standing approx. at the previous year. In general, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2017 an increase of 192% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per unit), while the average price for exports to Portugal ($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 (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Angola

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 61%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows contracted modestly to $X in 2022. Overall, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 96% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel window and door to Angola, accounting for a 63% share of total imports. Moreover, imports of iron or steel doors, thresholds for doors and windows from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-16.2% per year) and Taiwan (Chinese) (+30.2% per year).

In value terms, Portugal ($X), China ($X) and Brazil ($X) appeared to be the largest iron or steel window and door suppliers to Angola, with a combined 88% share of total imports. South Africa, Taiwan (Chinese), South Korea and Namibia lagged somewhat behind, together accounting for a further 1.8%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +17.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, shrinking by -5.3% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel doors, thresholds for doors and windows increased by +80.9% against 2013 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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