Angola - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Angola - 2022
Contents:
- Tractor Price in Angola (CIF) - 2022
- Tractor Price in Angola (FOB) - 2022
- Tractor Imports in Angola
- Tractor Exports in Angola
Tractor Price in Angola (CIF) - 2022
The average tractor import price stood at $22,076 per unit in 2022, increasing by 54% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when the average import price increased by 154%. The import price peaked at $54,124 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Sweden ($48,850 per unit), while the price for Namibia ($1,229 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.1%), while the prices for the other major suppliers experienced a decline.
Tractor Price in Angola (FOB) - 2022
The average tractor export price stood at $9,378 per unit in 2022, shrinking by -2.2% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 183%. As a result, the export price attained the peak level of $28,239 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($23,656 per unit), while the average price for exports to Portugal ($14,687 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 Cuba (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Imports in Angola
In 2022, approx. 1.2K units of tractors were imported into Angola; with a decrease of -62.1% on the year before. In general, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 172%. As a result, imports reached the peak of 3.2K units, and then reduced dramatically in the following year.
In value terms, tractor imports fell sharply to $27M in 2022. Overall, imports faced a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. Over the period under review, imports reached the maximum at $66M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Tractor in Angola (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.8 | 2.5 | 16.2 | 9.3 | 11.0% |
Pakistan | 0.2 | 0.5 | 9.3 | 2.3 | 125.7% |
Sweden | 5.5 | 2.9 | 1.6 | 2.0 | -28.6% |
Brazil | 3.0 | 1.1 | 2.1 | 1.5 | -20.6% |
South Korea | 23.8 | 1.0 | 1.0 | 1.5 | -60.2% |
France | 2.3 | 1.7 | 1.3 | 1.4 | -15.3% |
Spain | 3.8 | 2.3 | 0.1 | 1.2 | -31.9% |
India | 1.0 | 1.1 | 1.5 | 1.1 | 3.2% |
Belgium | 1.8 | 0.9 | 0.9 | 0.9 | -20.6% |
Portugal | 1.8 | 0.9 | 1.1 | 0.8 | -23.7% |
South Africa | 1.8 | 0.4 | 0.2 | 0.5 | -34.8% |
Netherlands | 0.4 | 0.2 | 0.1 | 0.2 | -20.6% |
Namibia | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
Others | 14.3 | 5.7 | 9.8 | 4.1 | -34.1% |
Total | 66.5 | 21.0 | 45.8 | 26.7 | -26.2% |
Top Suppliers of Tractor to Angola in 2022:
- China (372.0 units)
- India (137.0 units)
- Brazil (119.0 units)
- Spain (79.0 units)
- Pakistan (74.0 units)
- France (63.0 units)
- Namibia (43.0 units)
- Netherlands (40.0 units)
- Sweden (40.0 units)
- Belgium (38.0 units)
- Portugal (30.0 units)
- South Africa (21.0 units)
- South Korea (13.0 units)
Tractor Exports in Angola
In 2022, tractor exports from Angola stood at 24 units, remaining constant against the previous year. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 26%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, tractor exports reduced to $225K in 2022. Overall, exports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $265K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Tractor in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mozambique | N/A | N/A | N/A | 38.0 | 0% |
Democratic Republic of the Congo | 45.4 | 97.8 | 70.6 | 23.7 | -19.5% |
Portugal | 10.5 | 6.7 | 7.3 | 14.7 | 11.9% |
Italy | 6.2 | 19.2 | 8.3 | 13.9 | 30.9% |
Namibia | 50.4 | 13.7 | 6.2 | 10.7 | -40.3% |
Cameroon | 3.4 | 9.6 | 3.5 | 5.2 | 15.2% |
Gabon | N/A | 73.9 | N/A | N/A | 0% |
Cuba | 29.8 | N/A | N/A | N/A | 0% |
Brazil | N/A | N/A | 8.9 | N/A | 0% |
Ghana | 43.5 | N/A | N/A | N/A | 0% |
Others | 45.0 | 43.7 | 125 | 119 | 38.3% |
Total | 234 | 265 | 230 | 225 | -1.3% |
Top Export Markets for Tractor from Angola in 2022:
- Mozambique (2.0 units)
- Democratic Republic of the Congo (1.0 units)
- Portugal (1.0 units)
This report provides an in-depth analysis of the tractor 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 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
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
-
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
This report provides an in-depth analysis of the tractor market in Angola.
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Angola.
This report provides an in-depth analysis of the crawler tractor market in Angola.
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Angola.
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Angola.
This report provides an in-depth analysis of the global tractor market.
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
This report provides an in-depth analysis of the global crawler tractor market.
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.