Price for Textile Machinery; Spinning Machines in Angola - 2022

Contents:

  1. Price for Textile Machinery; Spinning Machines in Angola (CIF) - 2022
  2. Imports of Textile Machinery; Spinning Machines in Angola

Price for Textile Machinery; Spinning Machines in Angola (CIF) - 2022

In 2022, the average textile machinery; spinning machines import price amounted to $778 per unit, which is down by -4.6% against the previous year. Over the period under review, the import price, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 380% against the previous year. As a result, import price attained the peak level of $3,495 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,519 per unit), while the price for Portugal ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+182.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Textile Machinery; Spinning Machines in Angola

In 2022, approx. 8 units of textile machinery; spinning machineses were imported into Angola; remaining relatively unchanged against the previous year's figure. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports hit record highs at 11 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, textile machinery; spinning machines imports shrank modestly to $6.2K in 2022. Overall, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 10%. Over the period under review, imports reached the maximum at $18K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Textile Machinery; Spinning Machines in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.62.62.14.6-18.8%
India2.20.60.11.0-23.1%
Brazil0.50.20.50.4-7.2%
South Africa0.10.10.10.10.0%
Namibia0.10.10.20.10.0%
United StatesN/AN/AN/AN/A0%
Portugal6.32.41.1N/A-58.2%
OthersN/AN/A2.4N/A0%
Total17.95.96.56.2-29.8%

Top Suppliers of Textile Machinery; Spinning Machines to Angola in 2022:

  1. China (3.0 units)
  2. Brazil (1.0 units)
  3. Portugal (1.0 units)
  4. South Africa (1.0 units)
  5. India (1.0 units)
  6. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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