Angola - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Angola - 2022
Contents:
- Ball Bearing Price in Angola (CIF) - 2022
- Ball Bearing Price in Angola (FOB) - 2022
- Ball Bearing Imports in Angola
- Ball Bearing Exports in Angola
Ball Bearing Price in Angola (CIF) - 2022
In 2022, the import price in Angola amounted to $15,858 per ton, picking up by 12% against the previous year. In general, the import price saw a measured expansion. The growth pace was the most rapid in 2019 when the import price increased by 95%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($26,401 per ton), while Indonesia ($7,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced mixed trends in the import price figures.
Ball Bearing Price in Angola (FOB) - 2022
The export price in Angola stood at $32,083 per ton in 2022, increasing by 9.6% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 184% against the previous year. Over the period under review, the export prices reached the peak figure at $63,133 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($201,523 per ton), while China ($6,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Angola
In 2022, the amount of ball bearings imported into Angola contracted to 225 tons, with a decrease of -12.2% compared with the year before. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.
In value terms, ball bearing imports shrank modestly to $3.6M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 2.7%. As a result, imports reached the peak of $3.6M, and then dropped slightly in the following year.
Import of Ball Bearing in Angola (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
China | 1,410 | 1,531 | 2,096 | 1,929 | 11.0% |
United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
India | 435 | 343 | 533 | 619 | 12.5% |
Mexico | 518 | 433 | 583 | 595 | 4.7% |
Italy | 527 | 418 | 563 | 588 | 3.7% |
Netherlands | 445 | 432 | 519 | 518 | 5.2% |
France | 514 | 380 | 460 | 467 | -3.1% |
Japan | 421 | 348 | 416 | 441 | 1.6% |
Brazil | 244 | 226 | 333 | 393 | 17.2% |
South Korea | 348 | 302 | 401 | 351 | 0.3% |
Indonesia | 246 | 178 | 237 | 256 | 1.3% |
Russia | 246 | 175 | 212 | 194 | -7.6% |
Others | -8,441.8 | -7,214.8 | -9,542.1 | -9,686.8 | 4.7% |
Total | 3.5 | 3.5 | 3.6 | 3.6 | 0.9% |
Top Suppliers of Ball Bearing to Angola in 2022:
- Germany (128.3K tons)
- United States (99.4K tons)
- India (85.5K tons)
- China (73.1K tons)
- Italy (45.0K tons)
- Mexico (44.6K tons)
- Netherlands (44.4K tons)
- Brazil (42.5K tons)
- Indonesia (35.6K tons)
- France (32.4K tons)
- Russia (24.9K tons)
- South Korea (23.1K tons)
- Japan (21.7K tons)
Ball Bearing Exports in Angola
For the third year in a row, Angola recorded decline in shipments abroad of ball bearings, which decreased by -8.6% to 275 kg in 2022. Overall, exports saw a dramatic contraction. The smallest decline of -1% was in 2021.
In value terms, ball bearing exports amounted to $8.8K in 2022. Over the period under review, exports faced a sharp decline.
Export of Ball Bearing in Angola (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
South Korea | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | -9.3 | -8.3 | -10.8 | -10.7 | 4.8% |
Total | N/A | N/A | N/A | N/A | 0% |
Top Export Markets for Ball Bearing from Angola in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Germany (70.7K tons)
- Italy (61.0K tons)
- South Korea (38.3K tons)
- France (35.5K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
This report provides an in-depth analysis of the ball bearing market 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 28151030 - Ball bearings
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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