Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola - 2022

Contents:

  1. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (CIF) - 2022
  2. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (FOB) - 2022
  3. Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola
  4. Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (CIF) - 2022

In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $360 thousand per unit, which is down by -19.8% against the previous year. Overall, the import price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 92%. As a result, import price attained the peak level of $466 thousand per unit. From 2017 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 the UK ($776 thousand per unit), while the price for France ($18 thousand 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 (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $175 thousand per unit, which is down by -33.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 126%. Over the period under review, the average export prices hit record highs at $263 thousand per unit in 2021, and then fell rapidly in the following year.

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 France ($515 thousand per unit), while the average price for exports to the United States ($55 thousand 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 South Africa (+71.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola

In 2022, supplies from abroad of turbo-jets, turbo-propellers and other gas turbineses was finally on the rise to reach 340 units after two years of decline. In general, imports enjoyed a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $123M in 2022. Over the period under review, imports, however, recorded a noticeable decline. Imports peaked at $131M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28.124.230.355.725.6%
United Kingdom61.317.211.233.4-18.3%
United States32.427.121.923.5-10.2%
CanadaN/A0.4N/A3.3187.2%
Netherlands4.31.71.82.2-20.0%
NamibiaN/AN/AN/A2.20%
Others4.74.01.82.2-22.4%
Total13174.767.0123-2.1%

Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Angola in 2022:

  1. Italy (124.0 units)
  2. United States (81.0 units)
  3. Namibia (52.0 units)
  4. United Kingdom (43.0 units)
  5. Canada (16.0 units)
  6. Netherlands (5.0 units)

Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola

In 2022, approx. 236 units of turbo-jets, turbo-propellers and other gas turbineses were exported from Angola; picking up by 59% compared with the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses rose markedly to $41M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy33.15.12.330.2-3.0%
FranceN/AN/AN/A6.70%
United StatesN/AN/AN/A3.40%
United KingdomN/A0.725.1N/A3485.7%
South AfricaN/AN/A4.5N/A0%
Netherlands3.520.6N/AN/A488.6%
CanadaN/AN/A7.0N/A0%
UkraineN/A3.1N/AN/A0%
OthersN/A8.2N/A1.0-65.1%
Total36.637.738.941.34.1%

Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Angola in 2022:

  1. Italy (157.0 units)
  2. United States (63.0 units)
  3. France (13.0 units)

Source: IndexBox Market Intelligence Platform

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