Price for Electric Motors; of an Output Not Exceeding 37.5W in Angola - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Angola (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Angola (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Angola
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Angola
Price for Electric Motors; of an Output Not Exceeding 37.5W in Angola (CIF) - 2022
The average import price for electric motors stood at $84 per unit in 2022, with a decrease of -36.6% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 159% against the previous year. Over the period under review, average import prices attained the maximum at $314 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($261 per unit), while the price for the United States ($25 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 (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Angola (FOB) - 2022
In 2022, the average export price for electric motors amounted to $159 per unit, declining by -35% against the previous year. Over the period under review, the export price, however, showed measured growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 342% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,160 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($247 per unit), while the average price for exports to Portugal ($105 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 Romania (+29.5%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Angola
In 2022, approx. 56K units of electric motors were imported into Angola; increasing by 365% against the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors surged to $4.7M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 776 | 418 | 817 | 2,005 | 37.2% |
| United States | 148 | 11.7 | 10.7 | 909 | 83.1% |
| South Africa | 147 | 253 | 97.5 | 718 | 69.7% |
| China | 56.0 | 20.2 | 138 | 287 | 72.4% |
| United Arab Emirates | 10.0 | 8.9 | 21.5 | 134 | 137.5% |
| Netherlands | 11.3 | 6.9 | 44.2 | 30.6 | 39.4% |
| Others | 630 | 316 | 475 | 648 | 0.9% |
| Total | 1,777 | 1,034 | 1,604 | 4,731 | 38.6% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Angola in 2022:
- United States (36.3K units)
- Portugal (7.7K units)
- South Africa (4.0K units)
- China (3.0K units)
- United Arab Emirates (2.6K units)
- Netherlands (0.3K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Angola
In 2022, exports of electric motors from Angola reduced sharply to 774 units, declining by -60% against the year before. Overall, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 836% against the previous year. As a result, the exports reached the peak of 1.9K units, and then shrank sharply in the following year.
In value terms, exports of electric motors fell remarkably to $123K in 2022. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1,617%. As a result, the exports attained the peak of $474K, and then shrank sharply in the following year.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 21.0 | 69.3 | 230.0% |
| Portugal | 3.4 | N/A | N/A | 29.4 | 105.3% |
| Netherlands | N/A | 26.4 | N/A | 24.2 | -4.3% |
| Spain | N/A | 0.1 | 453 | N/A | 452900.0% |
| Norway | 221 | N/A | N/A | N/A | 0% |
| Nigeria | 40.8 | N/A | N/A | N/A | 0% |
| South Africa | 5.4 | N/A | N/A | N/A | 0% |
| Others | 8.2 | 1.1 | N/A | 0.1 | -77.0% |
| Total | 279 | 27.6 | 474 | 123 | -23.9% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Angola in 2022:
- Romania (395.0 units)
- Portugal (280.0 units)
- Netherlands (98.0 units)
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