Price for Navigational Instruments and Appliances; Parts and Accessories in Angola - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Angola (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Angola (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Angola
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Angola

Price for Navigational Instruments and Appliances; Parts and Accessories in Angola (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $1,346,008 per ton, with an increase of 72% against the previous year. In general, the import price enjoyed a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,930,714 per ton), while the price for India ($136,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Angola (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $110,611 per ton in 2022, surging by 124% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 369% against the previous year. As a result, the export price reached the peak level of $218,595 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +28.0% per year.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Angola

In 2022, the amount of navigational instruments and appliances; parts and accessorieses imported into Angola shrank modestly to 645 kg, remaining stable against the previous year. In general, imports saw a dramatic curtailment.

In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $868K in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Navigational Instruments and Appliances; Parts and Accessories in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.84.815213852.6%
South Africa14.566.478.059.359.9%
Netherlands13519.291.740.5-33.1%
United Arab EmiratesN/AN/A1.128.82518.2%
United Kingdom14.317.233.822.816.8%
Norway10.614812417.919.1%
Portugal44.02.10.16.3-47.7%
China58.4N/AN/A4.0-59.1%
India0.2N/AN/A1.491.3%
Spain26011.50.1N/A-98.0%
CongoN/A7.1N/AN/A0%
Malaysia13.9N/AN/AN/A0%
France47.53463.9N/A-71.3%
Others19033.922.254942.4%
Total8286565078681.6%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Angola in 2022:

  1. United States (391.0 kg)
  2. South Africa (73.0 kg)
  3. United Arab Emirates (45.0 kg)
  4. United Kingdom (29.0 kg)
  5. Portugal (23.0 kg)
  6. Netherlands (21.0 kg)
  7. Norway (14.0 kg)
  8. China (11.0 kg)
  9. India (10.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Angola

In 2022, exports of navigational instruments and appliances; parts and accessorieses from Angola reduced remarkably to 72 kg, waning by -90.7% against 2021 figures. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 477%. As a result, the exports reached the peak of 773 kg, and then fell notably in the following year.

In value terms, exports of navigational instruments and appliances; parts and accessorieses reduced rapidly to $8K in 2022. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 343% against the previous year. As a result, the exports reached the peak of $38K, and then declined dramatically in the following year.

Export of Navigational Instruments and Appliances; Parts and Accessories in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A8.00%
Spain6.8N/A1.7N/A-50.0%
BelgiumN/AN/A22.6N/A0%
CongoN/A8.6N/AN/A0%
United KingdomN/AN/A13.8N/A0%
Portugal11.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.08.638.18.0-23.7%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Angola in 2022:

  1. Democratic Republic of the Congo (72.0 kg)

Source: IndexBox Market Intelligence Platform

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