Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,011 per unit in 2022, growing by 49% against the previous year. In general, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 163% against the previous year. The import price peaked at $2,451 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Portugal ($1,599 per unit), while the price for Italy ($260 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola

In 2022, after three years of growth, there was significant decline in overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume decreased by -12.5% to 7 units. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 8 units, and then fell in the following year.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $7.1K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal8591,0651,2161,59923.0%
United Arab Emirates9951,1571,2391,33810.4%
South Africa8589891,0491,1239.4%
Namibia49959164571012.5%
China12819326852159.7%
United States533463370299-17.5%
Italy297299278260-4.3%
OthersN/AN/A3681,228233.7%
Total4,1694,7575,4337,07819.3%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Angola in 2022:

  1. Italy (1.0 units)
  2. Portugal (1.0 units)
  3. South Africa (1.0 units)
  4. United Arab Emirates (1.0 units)
  5. United States (1.0 units)
  6. China (1.0 units)
  7. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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