Angola: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2024

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Angola

In 2022, the Angolan market for non-electronic instruments for measuring or checking variables of liquids or gases increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a deep reduction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Angola

Non-electronic liquid or gas measurer exports from Angola soared to X units in 2022, growing by X% on the previous year's figure. Overall, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Congo (X units) was the main destination for non-electronic liquid or gas measurer exports from Angola, accounting for a X% share of total exports. Moreover, non-electronic liquid or gas measurer exports to Congo exceeded the volume sent to the second major destination, the UK (X units), more than tenfold. The third position in this ranking was taken by Mauritania (X units), with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of volume to Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mauritania (X% per year).

In value terms, Congo ($X) emerged as the key foreign market for non-electronic instruments for measuring or checking variables of liquids or gases exports from Angola, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

From 2015 to 2022, the average annual growth rate of value to Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Mauritania (X% per year).

Export Prices by Country

In 2022, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, declining by X% against the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2021 when the average export price decreased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood 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 the UK ($X per unit), while the average price for exports to South Africa ($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 South Africa (X%), while the prices for the other major destinations experienced a decline.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Angola

In 2022, supplies from abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X units), Portugal (X units) and the United Arab Emirates (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Angola, with a combined X% share of total imports. Japan, the UK, South Africa, China, Italy, the United States and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to Angola were Portugal ($X), the United States ($X) and the UK ($X), together comprising X% of total imports. The United Arab Emirates, France, South Africa, Japan, China, Italy and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of X% 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 remained at a somewhat lower figure.

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 States ($X per unit), while the price for France ($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 Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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