Cranes; Tower Cranes Price in Angola - 2022

Contents:

  1. Cranes; Tower Cranes Price in Angola (CIF) - 2022
  2. Cranes; Tower Cranes Price in Angola (FOB) - 2022
  3. Cranes; Tower Cranes Imports in Angola
  4. Cranes; Tower Cranes Exports in Angola

Cranes; Tower Cranes Price in Angola (CIF) - 2022

The average cranes; tower cranes import price stood at $2,740 per unit in 2022, waning by -21.6% against the previous year. Over the period under review, the import price continues to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when the average import price decreased by -7.8%. Over the period under review, average import prices attained the maximum at $83,886 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($38,814 per unit), while the price for Belgium ($1,499 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-8.7%), while the prices for the other major suppliers experienced a decline.

Cranes; Tower Cranes Price in Angola (FOB) - 2022

In 2022, the average cranes; tower cranes export price amounted to $74,972 per unit, shrinking by -42.5% against the previous year. Overall, the export price showed a perceptible reduction. The growth pace was the most rapid in 2019 an increase of 230% against the previous year. Over the period under review, the average export prices hit record highs at $130,372 per unit in 2021, and then declined markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +870.3% per year.

Cranes; Tower Cranes Imports in Angola

In 2022, overseas purchases of cranes; tower craneses were finally on the rise to reach 345 units after two years of decline. In general, imports, however, showed a pronounced contraction. Imports peaked at 386 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cranes; tower cranes imports surged to $946K in 2022. Overall, imports, however, recorded a sharp setback. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cranes; Tower Cranes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,280692286437-30.1%
Germany510389331436-5.1%
Portugal4.327.018.424.277.9%
France75.741.114.619.3-36.6%
United Arab Emirates51.225.49.613.5-35.9%
United States82.319.46.99.0-52.2%
Others64.54.628.57.2-51.9%
Total2,0681,198694946-22.9%

Top Suppliers of Cranes; Tower Cranes to Angola in 2022:

  1. Belgium (292.0 units)
  2. Portugal (13.0 units)
  3. Germany (11.0 units)
  4. United Arab Emirates (9.0 units)
  5. France (9.0 units)
  6. United States (6.0 units)

Cranes; Tower Cranes Exports in Angola

In 2022, approx. 2 units of cranes; tower craneses were exported from Angola; increasing by 100% compared with the year before. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cranes; tower cranes exports soared to $150K in 2022. Overall, exports, however, recorded a deep slump. The exports peaked at $205K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cranes; Tower Cranes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1301701301504.9%
Others74.8N/AN/AN/A0%
Total205170130150-9.9%

Top Export Markets for Cranes; Tower Cranes from Angola in 2022:

  1. Portugal (2.0 units)

Source: IndexBox Market Intelligence Platform

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