Angola: Test And Measurement Market 2024

Test And Measurement Market Size in Angola

The Angolan test and measurement market totaled $X in 2022, increasing 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 recorded a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Test And Measurement Exports

Exports from Angola

In 2022, overseas shipments of instruments and apparatus for measuring or checking pressure of liquids or gasses increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, test and measurement exports soared to $X in 2022. Over the period under review, exports, however, faced a abrupt slump. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units), Gabon (X units) and Namibia (X units) were the main destinations of test and measurement exports from Angola, together comprising X% of total exports. Ghana, France and Germany lagged somewhat behind, together accounting for a further X%.

From 2015 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) emerged as the key foreign market for instruments and apparatus for measuring or checking pressure of liquids or gasses exports from Angola, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Gabon, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Ghana stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Gabon (X% per year).

Export Prices by Country

In 2022, the average test and measurement export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to Germany ($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 Kenya (X%), while the prices for the other major destinations experienced a decline.

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Test And Measurement Imports

Imports into Angola

In 2022, supplies from abroad of instruments and apparatus for measuring or checking pressure of liquids or gasses increased by less than X% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, imports saw a slight expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, test and measurement imports expanded notably to $X in 2022. In general, imports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), China (X units) and Portugal (X units) were the main suppliers of test and measurement imports to Angola, together comprising X% of total imports. The United States, France, the UK, South Africa, Italy, Germany, Romania, Namibia, Spain and Japan 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 Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of instruments and apparatus for measuring or checking pressure of liquids or gasses to Angola, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average test and measurement import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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