Angola - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Angola - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Instruments for Measuring Electrical Quantities in Angola - 2022

Contents:

  1. Price for Instruments for Measuring Electrical Quantities in Angola (CIF) - 2022
  2. Price for Instruments for Measuring Electrical Quantities in Angola (FOB) - 2022
  3. Imports of Instruments for Measuring Electrical Quantities in Angola
  4. Exports of Instruments for Measuring Electrical Quantities in Angola

Price for Instruments for Measuring Electrical Quantities in Angola (CIF) - 2022

The average import price for instruments for measuring electrical quantities stood at $5.5 per unit in 2022, with an increase of 119% against the previous year. In general, the import price continues to indicate perceptible growth. The growth pace was the most rapid in 2016 when the average import price increased by 213% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +14.4% per year.

Price for Instruments for Measuring Electrical Quantities in Angola (FOB) - 2022

In 2022, the average export price for instruments for measuring electrical quantities amounted to $4.3 per unit, picking up by 50% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 111% against the previous year. The export price peaked at $4.8 per unit in 2017; however, from 2018 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 Nigeria ($33 per unit), while the average price for exports to Portugal ($2.5 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 South Korea (+103.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instruments for Measuring Electrical Quantities in Angola

In 2022, after three years of growth, there was significant decline in overseas purchases of instruments for measuring electrical quantities, when their volume decreased by -44.4% to 456K units. In general, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of 820K units, and then dropped dramatically in the following year.

In value terms, instruments for measuring electrical quantities imports surged to $2.5M in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 185% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Instruments for Measuring Electrical Quantities in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10480.89.42,515189.2%
China144138190N/A14.9%
United Kingdom65.081.2121N/A36.4%
France90.333.738.1N/A-35.0%
Portugal99.6118106N/A3.2%
United States22086.6666N/A74.0%
Others164187935N/A138.8%
Total8877242,0652,51541.5%

Top Suppliers of Instruments for Measuring Electrical Quantities to Angola in 2022:

  1. United Arab Emirates (456.4K units)

Exports of Instruments for Measuring Electrical Quantities in Angola

Instruments for measuring electrical quantities exports from Angola contracted markedly to 5.6K units in 2022, declining by -88.5% on 2021 figures. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports attained the peak of 49K units, and then reduced rapidly in the following year.

In value terms, instruments for measuring electrical quantities exports shrank rapidly to $24K in 2022. Over the period under review, exports faced a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 128%. As a result, the exports reached the peak of $141K, and then shrank rapidly in the following year.

Export of Instruments for Measuring Electrical Quantities in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A6.84.8-29.4%
FranceN/A0.1N/A3.7508.3%
Nigeria2.3N/AN/A2.30.0%
South Africa3.18.0N/A1.5-21.5%
Portugal2.06.2N/A0.5-37.0%
GermanyN/AN/A36.6N/A0%
Congo58.17.761.0N/A2.5%
IndiaN/A33.6N/AN/A0%
Others58.46.336.611.5-41.8%
Total12461.914124.3-41.9%

Top Export Markets for Instruments for Measuring Electrical Quantities from Angola in 2022:

  1. United Kingdom (1842.0 units)
  2. France (474.0 units)
  3. Portugal (192.0 units)
  4. South Africa (114.0 units)
  5. Nigeria (70.0 units)

This report provides an in-depth analysis of the market for instruments for measuring electrical quantities 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 26514310 - Multimeters
  • Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
  • Prodcom 26514355 - Voltmeters
  • Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
  • Prodcom 26514300 -

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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