Price for Electric Motors; AC Motors, Single-Phase in Angola - 2022

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Angola (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Single-Phase in Angola (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Single-Phase in Angola
  4. Exports of Electric Motors; AC Motors, Single-Phase in Angola

Price for Electric Motors; AC Motors, Single-Phase in Angola (CIF) - 2022

The average import price for electric motors; AC motors, single-phases stood at $29 per unit in 2022, dropping by -2.9% against the previous year. Over the period under review, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 15%. Over the period under review, average import prices reached the peak figure at $105 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($75 per unit), while the price for the United Arab Emirates ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors; AC Motors, Single-Phase in Angola (FOB) - 2022

The average export price for electric motors; AC motors, single-phases stood at $66 per unit in 2022, shrinking by -76% against the previous year. Over the period under review, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 269% against the previous year. Over the period under review, the average export prices reached the maximum at $287 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Cuba ($68 per unit) and Democratic Republic of the Congo ($67 per unit), while the average price for exports to South Africa ($50 per unit) and Congo ($60 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+192.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors; AC Motors, Single-Phase in Angola

In 2022, approx. 19K units of electric motors; AC motors, single-phases were imported into Angola; picking up by 22% on the previous year. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Imports peaked at 19K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, electric motors; AC motors, single-phase imports soared to $532K in 2022. Over the period under review, imports, however, showed a pronounced curtailment. Imports peaked at $616K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Electric Motors; AC Motors, Single-Phase in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28054.61393174.2%
South Africa19.89.037.437.523.7%
United States26.316.615.97.4-34.5%
Lebanon5.74.07.15.4-1.8%
MauritaniaN/A260N/AN/A0%
Others241272248165-11.9%
Total573616448532-2.4%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to Angola in 2022:

  1. China (16.4K units)
  2. South Africa (0.8K units)
  3. Lebanon (0.3K units)
  4. United States (0.1K units)

Exports of Electric Motors; AC Motors, Single-Phase in Angola

In 2022, after two years of decline, there was significant growth in overseas shipments of electric motors; AC motors, single-phases, when their volume increased by 1,409% to 166 units. Overall, exports, however, faced a sharp slump. Over the period under review, the exports reached the maximum at 357 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric motors; AC motors, single-phase exports skyrocketed to $11K in 2022. Over the period under review, exports, however, recorded a precipitous decrease. Over the period under review, the exports hit record highs at $35K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Motors; AC Motors, Single-Phase in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo18.24.10.16.1-30.5%
Cuba4.38.00.12.4-17.7%
Portugal1.74.00.11.70.0%
Congo1.22.2N/A0.6-20.6%
South Africa0.20.4N/A0.1-20.6%
United States7.9N/AN/AN/A0%
Guinea0.9N/AN/AN/A0%
Others0.2N/A2.8N/A274.2%
Total34.618.83.010.9-32.0%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Angola in 2022:

  1. Democratic Republic of the Congo (91.0 units)
  2. Cuba (36.0 units)
  3. Portugal (26.0 units)
  4. Congo (10.0 units)
  5. South Africa (3.0 units)

Source: IndexBox Market Intelligence Platform

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