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Angola - Loudspeakers (Not in Enclosure) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Non-Enclosed Loudspeakers Market 2024
Non-Enclosed Loudspeakers Market Size in Angola
In 2021, the Angolan non-enclosed loudspeakers market decreased by -76.2% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a sharp shrinkage. Non-enclosed loudspeakers consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Non-Enclosed Loudspeakers Exports
Exports from Angola
In 2021, shipments abroad of loudspeakers (not in enclosure) increased by 302% to X units, rising for the second consecutive year after three years of decline. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 1,643%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, non-enclosed loudspeakers exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 398%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Democratic Republic of the Congo (X units) was the main destination for non-enclosed loudspeakers exports from Angola, accounting for a 39% share of total exports. Moreover, non-enclosed loudspeakers exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Portugal (X units), threefold. The third position in this ranking was held by Brazil (X units), with an 11% share.
From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo stood at +135.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+86.3% per year) and Brazil (+160.9% per year).
In value terms, Portugal ($X) remains the key foreign market for loudspeakers (not in enclosure) exports from Angola, comprising 26% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total exports. It was followed by Democratic Republic of the Congo, with an 11% share.
From 2012 to 2021, the average annual growth rate of value to Portugal stood at +69.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+115.9% per year) and Democratic Republic of the Congo (+60.8% per year).
Export Prices by Country
The average non-enclosed loudspeakers export price stood at $X per unit in 2021, declining by -52.6% against the previous year. In general, the export price continues to indicate a sharp slump. The pace of growth was the most pronounced in 2017 an increase of 37% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+5.2%), while the prices for the other major destinations experienced a decline.
Non-Enclosed Loudspeakers Imports
Imports into Angola
In 2021, supplies from abroad of loudspeakers (not in enclosure) decreased by -76.2% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 3,196% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, non-enclosed loudspeakers imports shrank significantly to $X in 2021. Overall, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest supplier of non-enclosed loudspeakers to Angola, with a 64% share of total imports. Moreover, non-enclosed loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 7.2% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -44.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-20.3% per year) and the United Arab Emirates (-35.2% per year).
In value terms, China ($X) constituted the largest supplier of loudspeakers (not in enclosure) to Angola, comprising 46% of total imports. The second position in the ranking was taken by Portugal ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 7.6% share.
From 2012 to 2021, the average annual growth rate of value from China stood at -24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-22.1% per year) and the United Arab Emirates (-21.3% per year).
Import Prices by Country
The average non-enclosed loudspeakers import price stood at $X per unit in 2021, surging by 80% against the previous year. Overall, the import price saw a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 841% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per unit), while the price for Namibia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-enclosed loudspeakers market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26404239 - Loudspeakers (including speaker drive units, frames or cabinets mainly designed for mounting loudspeakers) (excluding those mounted in their enclosures)
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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