Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $547 per unit, increasing by 40% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by +34.0% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($567 per unit) and South Africa ($558 per unit), while the price for the United Arab Emirates ($541 per unit) and China ($550 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (FOB) - 2022
In 2022, the average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $20 per unit, shrinking by -5% against the previous year. Overall, the export price continues to indicate a precipitous contraction. The growth pace was the most rapid in 2017 an increase of 968%. As a result, the export price reached the peak level of $762 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($66 per unit), while the average price for exports to Portugal ($3 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.0%), while the prices for the other major destinations experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Angola soared to 691 units in 2022, picking up by 139% against the year before. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 537%. As a result, imports reached the peak of 2.2K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $378K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 557% against the previous year. As a result, imports attained the peak of $832K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 5.5 | 4.0 | 237 | 274.8% |
| Portugal | 15.4 | 175 | 9.4 | 92.6 | 81.8% |
| United Arab Emirates | 1.0 | 18.4 | 4.3 | 12.4 | 131.5% |
| United States | 1.2 | 7.5 | 1.2 | 9.9 | 102.1% |
| South Korea | 4.0 | 14.6 | 0.4 | 7.4 | 22.8% |
| South Africa | 0.8 | 46.7 | 1.1 | 7.3 | 109.0% |
| India | 12.6 | 90.4 | 7.7 | 3.0 | -38.0% |
| France | 8.5 | 49.2 | 7.7 | 1.4 | -45.2% |
| United Kingdom | 59.7 | 308 | 42.6 | N/A | -15.5% |
| Italy | 7.8 | 69.6 | 26.9 | N/A | 85.7% |
| Others | 11.1 | 46.4 | 7.7 | 7.2 | -13.4% |
| Total | 127 | 832 | 113 | 378 | 43.8% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Angola in 2022:
- China (431.0 units)
- Portugal (168.0 units)
- United Arab Emirates (23.0 units)
- United States (18.0 units)
- South Africa (13.0 units)
- South Korea (13.0 units)
- India (6.0 units)
- France (3.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola
In 2022, after two years of decline, there was significant decline in overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses, when their volume decreased by -16.7% to 5 units. Overall, exports faced a significant decline. The exports peaked at 21 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined markedly to $99 in 2022. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. The exports peaked at $8.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 4,732 | 4.0 | 107 | 66.0 | -75.9% |
| Mozambique | 2,055 | 43.0 | 1.0 | 20.0 | -78.6% |
| Cameroon | 635 | 21.0 | 13.0 | 6.0 | -78.9% |
| Democratic Republic of the Congo | 547 | 2.0 | 2.0 | 4.0 | -80.6% |
| Portugal | 419 | 4.0 | 1.0 | 3.0 | -80.7% |
| Guinea | 278 | N/A | N/A | N/A | 0% |
| Cuba | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 8,666 | 75.0 | 125 | 99.0 | -77.5% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Angola in 2022:
- Democratic Republic of the Congo (1.0 units)
- Cameroon (1.0 units)
- Mozambique (1.0 units)
- Portugal (1.0 units)
- South Africa (1.0 units)
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