Price for Electrical Insulators of Any Material in Angola - 2021

Contents:

1. Price for Electrical Insulators of Any Material in Angola (CIF) - 2022
2. Price for Electrical Insulators of Any Material in Angola (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Angola
4. Exports of Electrical Insulators of Any Material in Angola

Price for Electrical Insulators of Any Material in Angola (CIF) - 2022

In 2022, the average import price for electrical insulators of any materials amounted to $2.9 per unit, leveling off at the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 60% against the previous year. The import price peaked at $6 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 UK ($6 per unit), while the price for China ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.4%), while the prices for the other major suppliers experienced a decline.

Price for Electrical Insulators of Any Material in Angola (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $7.2 per unit, surging by 33% against the previous year. In general, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 189%. As a result, the export price attained the peak level of $31 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($9.7 per unit) and Congo ($8.2 per unit), while the average price for exports to Democratic Republic of the Congo ($6.9 per unit) and the Netherlands ($8.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+68.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Insulators of Any Material in Angola

After three years of growth, overseas purchases of electrical insulators of any materials decreased by -8.6% to 790K units in 2022. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 31% against the previous year. Imports peaked at 864K units in 2021, and then declined in the following year.

In value terms, electrical insulators of any material imports dropped to $2.3M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $2.5M, and then reduced in the following year.

Top Suppliers of Electrical Insulators of Any Material to Angola in 2022:

1. China (544.6K units)
2. Portugal (101.4K units)
3. Ukraine (45.6K units)
4. Russia (42.7K units)
5. United Kingdom (15.3K units)
6. Spain (12.3K units)

Exports of Electrical Insulators of Any Material in Angola

In 2022, approx. 927 units of electrical insulators of any materials were exported from Angola; increasing by 465% on 2021. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 990% against the previous year. As a result, the exports reached the peak of 1.4K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical insulators of any material exports soared to $6.7K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 876%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Electrical Insulators of Any Material from Angola in 2022:

1. Democratic Republic of the Congo (721.0 units)
2. Congo (138.0 units)
3. Netherlands (47.0 units)
4. United Kingdom (21.0 units)

Source: IndexBox Market Intelligence Platform