Price for Machines; Parts and Accessories, of Heading No. 8472 in Angola - 2022

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Angola (CIF) - 2022
  2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Angola (FOB) - 2022
  3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Angola
  4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Angola

Price for Machines; Parts and Accessories, of Heading No. 8472 in Angola (CIF) - 2022

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $127,754 per ton, jumping by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 95% against the previous year. The import price peaked at $206,416 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($597,535 per ton), while the price for Japan ($25,793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Angola (FOB) - 2022

The average export price for machines; parts and accessories, of heading no. 8472 stood at $59,572 per ton in 2022, with a decrease of -27.5% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 88%. Over the period under review, the average export prices reached the peak figure at $248,206 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($556,667 per ton), while the average price for exports to Democratic Republic of the Congo ($2,383 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Angola

For the third consecutive year, Angola recorded decline in purchases abroad of machines; parts and accessories, of heading no. 8472, which decreased by -35.8% to 5.7 tons in 2022. In general, imports recorded a deep downturn. The smallest decline of -0.3% was in 2020.

In value terms, imports of machines; parts and accessories, of heading no. 8472 contracted remarkably to $731K in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 66%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2649941072923.4%
China29983.6140206-11.7%
Portugal43.717412068.216.0%
United Arab Emirates16416727859.2-28.8%
Netherlands12428913620.8-44.8%
United States0.418.840.912.8217.5%
Japan0.61.28.66.1116.6%
France63.730.710.24.4-59.0%
Ukraine17.810.26.34.2-38.2%
South Africa28.714.29.41.9-59.5%
MalaysiaN/AN/A22.5N/A0%
Others13411010855.6-25.4%
Total1,1391,892988731-13.7%

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Angola in 2022:

  1. China (2713.0 kg)
  2. Portugal (1269.0 kg)
  3. Germany (488.0 kg)
  4. Netherlands (288.0 kg)
  5. Japan (237.0 kg)
  6. United Arab Emirates (182.0 kg)
  7. United States (81.0 kg)
  8. Ukraine (47.0 kg)
  9. France (28.0 kg)
  10. South Africa (24.0 kg)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Angola

For the fourth consecutive year, Angola recorded growth in overseas shipments of machines; parts and accessories, of heading no. 8472, which increased by 323% to 727 kg in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $43K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.96.57.034.256.6%
Netherlands1.11.61.52.429.7%
France2.12.41.72.21.6%
Democratic Republic of the CongoN/AN/AN/A1.10%
Spain2.213.1N/AN/A495.5%
United Arab EmiratesN/AN/A1.5N/A0%
Others4.63.02.53.5-8.7%
Total18.826.614.143.332.1%

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Angola in 2022:

  1. Democratic Republic of the Congo (480.0 kg)
  2. Germany (88.0 kg)
  3. Netherlands (82.0 kg)
  4. France (70.0 kg)

Source: IndexBox Market Intelligence Platform

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