Price for Non-Furniture Refrigerating or Freezing Equipment in Angola - 2022
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Angola (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Angola (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Angola
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Angola
Price for Non-Furniture Refrigerating or Freezing Equipment in Angola (CIF) - 2022
In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $14 per unit, reducing by -86.8% against the previous year. Over the period under review, the import price recorded a deep reduction. The growth pace was the most rapid in 2019 an increase of 112%. As a result, import price reached the peak level of $204 per unit. From 2020 to 2022, the average import prices remained 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 Portugal ($201 per unit), while the price for Spain ($46 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in Angola (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $8.9 per unit in 2022, jumping by 113% against the previous year. Overall, the export price, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 an increase of 504% against the previous year. The export price peaked at $990 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sao Tome and Principe ($531 per unit), while the average price for exports to Guinea ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Angola
Non-furniture refrigerating or freezing equipment imports into Angola skyrocketed to 1.4M units in 2022, rising by 750% on the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment imports reached $19M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 2.5 | 2.9 | 3.8 | 4.0 | 17.0% |
| China | 4.4 | 3.8 | 3.7 | 3.7 | -5.6% |
| Lebanon | 2.1 | 0.3 | 0.7 | 1.2 | -17.0% |
| Italy | 0.1 | 0.8 | 1.3 | 0.7 | 91.3% |
| Greece | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| France | 0.8 | 1.1 | 0.9 | 0.4 | -20.6% |
| Mexico | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Spain | 1.0 | 0.6 | 0.2 | 0.2 | -41.5% |
| Others | 6.9 | 1.5 | 6.0 | 8.3 | 6.4% |
| Total | 18.2 | 11.5 | 17.2 | 19.3 | 2.0% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Angola in 2022:
- China (33.2K units)
- Portugal (20.0K units)
- Lebanon (10.0K units)
- Spain (4.8K units)
- Italy (4.4K units)
- Greece (3.5K units)
- France (2.2K units)
- Mexico (1.9K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Angola
In 2022, approx. 1K units of non-furniture refrigerating or freezing equipment were exported from Angola; jumping by 249% against 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 751% against the previous year. As a result, the exports attained the peak of 1.4K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports surged to $9K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 433 | 97.0 | 10.0 | 609 | 12.0% |
| Sao Tome and Principe | 445 | 817 | 11.0 | 546 | 7.1% |
| South Africa | 66.0 | 905 | 2.0 | 499 | 96.3% |
| Democratic Republic of the Congo | 111 | 545 | 4.0 | 431 | 57.2% |
| United Kingdom | 176 | 128 | 6.0 | 283 | 17.2% |
| Congo | 166 | 28.0 | 4.0 | 235 | 12.3% |
| Guinea | 23.0 | 105 | 4.0 | 139 | 82.1% |
| France | 59.0 | 104 | 1.0 | 129 | 29.8% |
| Brazil | 55.0 | 90.0 | 1.0 | 118 | 29.0% |
| Spain | N/A | 3,330 | N/A | N/A | 0% |
| Turkey | N/A | N/A | 917 | N/A | 0% |
| Others | 822 | 577 | 248 | 5,980 | 93.8% |
| Total | 2,356 | 6,726 | 1,208 | 8,969 | 56.1% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Angola in 2022:
- Portugal (9.0 units)
- Guinea (9.0 units)
- Democratic Republic of the Congo (9.0 units)
- Congo (5.0 units)
- France (3.0 units)
- Brazil (2.0 units)
- United Kingdom (2.0 units)
- Sao Tome and Principe (1.0 units)
- South Africa (1.0 units)
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