Angola - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Angola - 2022
Contents:
- Automotive Lighting Price in Angola (CIF) - 2022
- Automotive Lighting Price in Angola (FOB) - 2022
- Automotive Lighting Imports in Angola
- Automotive Lighting Exports in Angola
Automotive Lighting Price in Angola (CIF) - 2022
In 2022, the average automotive lighting import price amounted to $5.7 per unit, with a decrease of -14.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $9.5 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 Portugal ($33 per unit), while the price for the United Arab Emirates ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Automotive Lighting Price in Angola (FOB) - 2022
In 2022, the average automotive lighting export price amounted to $131 per unit, growing by 65% against the previous year. Over the period under review, the export price saw a resilient increase. The growth pace was the most rapid in 2018 when the average export price increased by 250% against the previous year. As a result, the export price attained the peak level of $157 per unit. From 2019 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 Norway ($1,709 per unit), while the average price for exports to Belgium ($18 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 the United States (+53.0%), while the prices for the other major destinations experienced more modest paces of growth.
Automotive Lighting Imports in Angola
In 2022, supplies from abroad of automotive lighting increased by 6.9% to 630K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports reached the peak figure at 858K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, automotive lighting imports contracted to $3.6M in 2022. In general, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure at $4.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Automotive Lighting in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 2.0 | 1.7 | 3.0 | 7.7% |
| United Arab Emirates | 0.5 | 0.2 | 0.4 | 0.1 | -41.5% |
| Others | 1.6 | 1.1 | 1.8 | 0.5 | -32.1% |
| Total | 4.5 | 3.3 | 3.9 | 3.6 | -7.2% |
Top Suppliers of Automotive Lighting to Angola in 2022:
- China (578.8K units)
- United Arab Emirates (25.4K units)
Automotive Lighting Exports in Angola
Automotive lighting exports from Angola reduced sharply to 46 units in 2022, waning by -37% against 2021. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked at 112 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, automotive lighting exports rose slightly to $6K in 2022. Over the period under review, exports saw a abrupt shrinkage. The exports peaked at $7.2K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Automotive Lighting in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 1,709 | 0% |
| South Africa | 1,945 | 625 | 1,430 | 1,695 | -4.5% |
| Portugal | 64.0 | 656 | 757 | 898 | 141.2% |
| Democratic Republic of the Congo | 419 | 721 | 439 | 521 | 7.5% |
| France | 13.0 | 355 | 422 | 500 | 237.6% |
| Nigeria | 545 | 456 | 238 | 241 | -23.8% |
| Sao Tome and Principe | 56.0 | 258 | 36.0 | 222 | 58.3% |
| Sweden | 878 | 1,686 | 892 | 151 | -44.4% |
| Belgium | 3,208 | 1,089 | 1,353 | 35.0 | -77.8% |
| Cuba | 77.0 | 44.0 | 9.0 | 32.0 | -25.4% |
| Others | 15.0 | 327 | 213 | N/A | 276.8% |
| Total | 7,220 | 6,217 | 5,789 | 6,004 | -6.0% |
Top Export Markets for Automotive Lighting from Angola in 2022:
- South Africa (19.0 units)
- Portugal (7.0 units)
- France (5.0 units)
- Democratic Republic of the Congo (5.0 units)
- Sao Tome and Principe (2.0 units)
- Sweden (2.0 units)
- Belgium (2.0 units)
- Nigeria (2.0 units)
- Cuba (1.0 units)
- Norway (1.0 units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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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