Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $2,429 per unit, falling by -6.5% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -17.1% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 54% against the previous year. As a result, import price reached the peak level of $2,929 per unit. From 2020 to 2022, the average import prices remained at a 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 Italy ($12,686 per unit), while the price for Hong Kong SAR ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $4,253 per unit, surging by 401% against the previous year. In general, the export price recorded a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 514% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($7,434 per unit), while the average price for exports to Portugal ($260 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 United States (+69.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola

In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Angola soared to 513 units, growing by 24% on the previous year's figure. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $1.2M in 2022. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 113%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal328151385309-2.0%
Turkey13.024.5122259171.1%
Italy16.40.452.1228140.5%
India45.42.269.614547.3%
China21275.4166143-12.3%
South Africa60.913.719.722.1-28.7%
Namibia0.60.45.813.4181.6%
United Arab Emirates0.357.811310.9231.2%
Others138178140116-5.6%
Total8145031,0731,24615.2%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Angola in 2022:

  1. Portugal (222.0 units)
  2. Turkey (79.0 units)
  3. China (58.0 units)
  4. India (46.0 units)
  5. Namibia (36.0 units)
  6. Italy (18.0 units)
  7. South Africa (13.0 units)
  8. United Arab Emirates (4.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola

In 2022, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Angola surged to 7 units, rising by 17% on 2021 figures. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $30K in 2022. Over the period under review, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A7.40%
ZimbabweN/AN/AN/A6.80%
Netherlands1.54.73.15.554.2%
France3.12.01.32.5-6.9%
United Kingdom7.22.60.40.6-56.3%
Portugal0.9N/AN/A0.3-30.7%
South Africa1.90.50.20.3-46.0%
ArgentinaN/A0.2N/AN/A0%
MozambiqueN/AN/A0.1N/A0%
Democratic Republic of the Congo0.6N/AN/AN/A0%
United Arab EmiratesN/A0.5N/AN/A0%
United States3.6N/AN/AN/A0%
Others1.80.1N/A6.452.6%
Total20.610.65.129.813.1%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Angola in 2022:

  1. Netherlands (1.0 units)
  2. Portugal (1.0 units)
  3. South Africa (1.0 units)
  4. France (1.0 units)
  5. United Kingdom (1.0 units)
  6. Zimbabwe (1.0 units)
  7. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

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