Angola: Video Monitor Market 2022

Video Monitor Market Size in Angola

The Angolan video monitor market skyrocketed to $X in 2021, with an increase of 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). In general, consumption, however, recorded a abrupt shrinkage. Video monitor consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Video Monitor Exports

Exports from Angola

In 2021, shipments abroad of video monitors decreased by -X% to X units, falling for the fourth year in a row after three years of growth. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, video monitor exports skyrocketed to $X in 2021. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for video monitor exports from Angola, accounting for a X% share of total exports. Moreover, video monitor exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Congo (X units), threefold. The third position in this ranking was held by Thailand (X units), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (-X% per year) and Thailand (+X% per year).

In value terms, the largest markets for video monitor exported from Angola were Portugal ($X), Democratic Republic of the Congo ($X) and the Netherlands ($X Republic of the Congo, with a CAGR of +X%, recorded 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 more modest paces of growth.

Export Prices by Country

In 2020, the average video monitor export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price showed a modest expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Video Monitor Imports

Imports into Angola

In 2021, approx. X units of video monitors were imported into Angola; with an increase of X% compared with 2020 figures. Over the period under review, imports, however, recorded a significant decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, video monitor imports soared to $X in 2021. In general, imports, however, saw a deep contraction. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Portugal (X units), the United Arab Emirates (X units) and the Czech Republic (X units) were the main suppliers of video monitor imports to Angola.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X) constituted the largest supplier of video monitor to Angola, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Portugal stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

In 2020, the average video monitor import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price enjoyed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2020, 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