Angola: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Angola

The Angolan spectrometers and spectrophotometers market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Spectrometers And Spectrophotometers Production in Angola

In value terms, spectrometers and spectrophotometers production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Spectrometers And Spectrophotometers Exports

Exports from Angola

In 2022, shipments abroad of spectrometers and spectrophotometers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then fell significantly in the following year.

In value terms, spectrometers and spectrophotometers exports soared to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X units) was the main destination for spectrometers and spectrophotometers exports from Angola, accounting for a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to France exceeded the volume sent to the second major destination, Ghana (X units), fivefold. South Africa (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and South Africa (X% per year).

In value terms, France ($X) emerged as the key foreign market for spectrometers and spectrophotometers exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Mauritania (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price saw significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to the United States ($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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Angola

In 2022, purchases abroad of spectrometers and spectrophotometers increased by X% to X units, rising for the second year in a row after three years of decline. Overall, imports saw a noticeable increase. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, spectrometers and spectrophotometers imports skyrocketed to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Sao Tome and Principe (X units) constituted the largest supplier of spectrometers and spectrophotometers to Angola, accounting for a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from Sao Tome and Principe exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Portugal (X units) ranked third in terms of total imports with an X% share.

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

In value terms, the largest spectrometers and spectrophotometers suppliers to Angola were the United States ($X), South Africa ($X) and Portugal ($X), with a combined X% share of total imports. France, China, Sao Tome and Principe and Brazil lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, China, 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

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per unit), while the price for Sao Tome and Principe ($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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