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Report Angola - Trucks - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 10, 2022

Angola - Trucks - Market Analysis, Forecast, Size, Trends and Insights
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Angola: Truck Market 2022

Truck Market Size in Angola

The angolan truck market fell remarkably to $X in 2021, shrinking by -X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).Over the period under review, consumption continues to indicate a sharp reduction.The growth pace was the most rapid in 2018 when the market value decreased by -X the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Truck Exports

Exports from Angola

Truck exports from angola soared to X units in 2021, with an increase of X% compared with the year before.Over the period under review, exports, however, faced a abrupt descent.Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, truck exports dropped to $X in 2021.Overall, exports, however, continue to indicate a abrupt slump.The growth pace was the most rapid in 2013 when exports increased by X% against the previous year.Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Democratic republic of the congo (X units), Sao Tome and Principe (X units) and Moldova (X units) were the main destinations of truck exports from Angola, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sao Tome and Principe (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X), Sao Tome and Principe ($X) and Nigeria ($X) were the largest markets for truck exported from Angola worldwide, with a combined X% share of total exports.

Sao tome and principe, with a cagr of +X%, recorded the highest growth rate of the value of exports, in terms of 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 truck export price stood at $X per unit in 2021, dropping by -X% against the previous year. In general, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Nigeria ($X per unit), while the average price for exports to Zambia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+X%), while the prices for the other major destinations experienced a decline.

Truck Imports

Imports into Angola

In 2021, imports of trucks into angola contracted significantly to X units, which is down by -X% on the previous year's figure.Over the period under review, imports saw a sharp reduction.The smallest decline of -X% was in 2018.Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, truck imports shrank to $X in 2021.Overall, imports recorded a sharp curtailment.The smallest decline of -X% was in 2018.Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The united arab emirates (X units), Japan (X units) and China (X units) were the main suppliers of truck imports to Angola, with a combined X% share of total imports. South africa, portugal, turkey, south korea, denmark, france, the netherlands, sweden, congo and norway lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and the Netherlands ($X) were the largest truck suppliers to Angola, together comprising X% of total imports.

The netherlands, with a cagr of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average truck import price amounted to $X per unit, growing by X% against the previous year. In general, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for trucks in the world?

Saudi arabia remains the largest truck consuming country worldwide, accounting for 78% of total volume. Moreover, truck consumption in Saudi Arabia exceeded the figures recorded by the second-largest consumer, Ireland, more than tenfold. The third position in this ranking was taken by Greece, with a 3% share.

What are the largest producers of trucks in the world?

The countries with the highest volumes of production in 2021 were China, Mexico and Japan, with a combined 50% share of global production.

What are the leading suppliers of trucks to Angola?

In value terms, the United Arab Emirates, China and the Netherlands appeared to be the largest truck suppliers to Angola, with a combined 51% share of total imports.

What are the leading importers of trucks from Angola?

In value terms, Democratic Republic of the Congo, Sao Tome and Principe and Nigeria were the largest markets for truck exported from Angola worldwide, together comprising 83% of total exports.

What is the average export price for trucks in Angola?

The average truck export price stood at $8,152 per unit in 2021, shrinking by -54.5% against the previous year.

What is the average import price for trucks in Angola?

In 2021, the average truck import price amounted to $51,153 per unit, rising by 31% against the previous year.

This report provides an in-depth analysis of the truck market 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.

Product coverage:

• Prodcom 29104110 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight . 5 tonnes (excluding dumpers for off-highway use)

• Prodcom 29104130 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight > 5 tonnes but . .20 tonnes (including vans) (excluding dumpers for off-highway use, tractors)

• Prodcom 29104140 - Goods vehicles with compression-ignition internal combustion piston engine (diesel or semi-diesel), of a gross vehicle weight > .20 tonnes (excluding dumpers designed for offhighway use)

• Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

Country coverage:

• Angola

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Angola

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance