
Angola - Non-Domestic Percolators and Equipment for Cooking or Heating Food - Market Analysis, Forecast, Size, Trends and Insights
Angola: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2023
Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Angola
In 2022, after two years of decline, there was significant growth in the Angolan market for non-domestic percolators and equipment for cooking or heating food, when its value increased by 12% to $X. In general, consumption, however, showed a deep contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food
Exports from Angola
In 2022, overseas shipments of non-domestic percolators and equipment for cooking or heating food decreased by 0% to X units, falling for the second year in a row after two years of decline. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 280%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 1,130%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.
Exports by Country
Namibia (X units), South Africa (X units) and Portugal (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Angola, with a combined 75% share of total exports. Democratic Republic of the Congo lagged somewhat behind, accounting for a further 25%.
From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Namibia ($X), Democratic Republic of the Congo ($X) and South Africa ($X) constituted the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Angola worldwide, with a combined 99% share of total exports.
Democratic Republic of the Congo, with a CAGR of +173.7%, 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 non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, increasing by 45% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 224%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($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 Democratic Republic of the Congo (+173.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food
Imports into Angola
In 2022, purchases abroad of non-domestic percolators and equipment for cooking or heating food was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep reduction. The growth pace was the most rapid in 2017 when imports increased by 110% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.
In value terms, imports of non-domestic percolators and equipment for cooking or heating food dropped to $X in 2022. In general, imports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 52% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X units) was the main supplier of non-domestic percolators and equipment for cooking or heating food to Angola, with a 93% share of total imports. It was followed by Italy (X units), with a 1.7% share of total imports. Portugal (X units) ranked third in terms of total imports with a 1.6% share.
From 2012 to 2022, the average annual growth rate of volume from China amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-14.3% per year) and Portugal (-30.7% per year).
In value terms, China ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Angola, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with a 10% share of total imports. It was followed by Portugal, with a 9.9% share.
From 2012 to 2022, the average annual growth rate of value from China totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.9% per year) and Portugal (-27.1% per year).
Import Prices by Country
The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, dropping by -25.1% against the previous year. Overall, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
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This report provides an in-depth analysis of the market for non-domestic percolators and equipment for cooking or heating food 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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