Report Update May 1, 2024

Angola - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Angola

For the third consecutive year, the Angolan market for iron or steel leaf-springs and leaves recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption, however, faced a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Angola

In 2020, exports of iron or steel leaf-springs and leaves from Angola contracted to X tons, with a decrease of -X% against the previous year. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, exports of iron or steel leaf-springs and leaves amounted to $X in 2020. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for exports of iron or steel leaf-springs and leaves from Angola, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Belgium stood at +X%.

In value terms, Belgium ($X) also remains the key foreign market for iron or steel leaf-spring and leave exports from Angola.

From 2007 to 2020, the average annual rate of growth in terms of value to Belgium stood at +X%.

Export Prices by Country

In 2020, the average export price for iron or steel leaf-springs and leaves amounted to $X per ton, increasing by X% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2007 to 2020, the rate of growth in terms of prices for Belgium amounted to -X% per year.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Angola

In 2020, after two years of decline, there was significant growth in supplies from abroad of iron or steel leaf-springs and leaves, when their volume increased by X% to X tons. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves reduced sharply to $X in 2020. Overall, imports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Norway (X tons) constituted the largest supplier of iron or steel leaf-spring and leave to Angola, accounting for a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from Norway exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was occupied by Brazil (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Norway stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Brazil (-X% per year).

In value terms, the largest iron or steel leaf-spring and leave suppliers to Angola were Norway ($X), China ($X) and Portugal ($X), together comprising X% of total imports.

China saw 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 a decline.

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Portugal ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel leaf-springs and leaves in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 43% share of global consumption. Greece, Russia, Brazil, Indonesia, Thailand, Iran and Japan lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of iron or steel leaf-springs and leaves in the world?

The country with the largest volume of iron or steel leaf-spring production was China, comprising approx. 27% of total volume. Moreover, iron or steel leaf-spring production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Greece, with a 7.7% share.

What are the leading suppliers of iron or steel leaf-springs and leaves to Angola?

In value terms, the largest iron or steel leaf-spring suppliers to Angola were Portugal, Brazil and China, with a combined 84% share of total imports. South Africa, Japan, Australia and Namibia lagged somewhat behind, together comprising a further 5%.

What are the leading importers of iron or steel leaf-springs and leaves from Angola?

In value terms, Belgium $463) emerged as the key foreign market for iron or steel leaf-springs and leaves exports from Angola, comprising 79% of total exports. The second position in the ranking was taken by Sweden $125), with a 21% share of total exports.

What is the average export price for iron or steel leaf-springs and leaves in Angola?

In 2022, the average iron or steel leaf-spring export price amounted to $4,421 per ton, surging by 101% against the previous year.

What is the average import price for iron or steel leaf-springs and leaves in Angola?

In 2022, the average iron or steel leaf-spring import price amounted to $2,709 per ton, declining by -32.1% against the previous year.

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave 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 2025.

Product coverage:

Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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