Angola: Ac/Dc Motor Market 2024

Ac/Dc Motor Market Size in Angola

The Angolan AC/DC motor market rose slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Ac/Dc Motor Production in Angola

In value terms, AC/DC motor production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ac/Dc Motor Exports

Exports from Angola

In 2022, approx. X units of AC/DC motors were exported from Angola; falling by X% compared with the previous year's figure. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, AC/DC motor exports surged to $X in 2022. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa (X units), the United Arab Emirates (X units) and Cuba (X units) were the main destinations of AC/DC motor exports from Angola, together comprising X% of total exports. Democratic Republic of the Congo, Namibia, Gabon and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, South Africa ($X) remains the key foreign market for AC/DC motors exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Gabon ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value to South Africa stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the average AC/DC motor export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a sharp slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Gabon ($X per unit), while the average price for exports to the United Arab Emirates ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ac/Dc Motor Imports

Imports into Angola

In 2022, approx. X units of AC/DC motors were imported into Angola; increasing by X% against the year before. In general, imports, however, showed a abrupt decline. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, AC/DC motor imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X units), China (X units) and Italy (X units) were the main suppliers of AC/DC motor imports to Angola, together accounting for X% of total imports. Portugal, Vietnam, Germany, the United States, Brazil, the UK, Spain, the United Arab Emirates and Singapore 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 Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of AC/DC motors to Angola, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average AC/DC motor import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a slight setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 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 Spain ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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