Price for Tractors; (Other than Tractors of Heading No 8709) in Angola - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Angola (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Angola (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Angola
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Angola
Price for Tractors; (Other than Tractors of Heading No 8709) in Angola (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $39,218 per unit in 2022, with an increase of 8.9% against the previous year. Overall, the import price, however, saw a slight reduction. The pace of growth appeared the most rapid in 2017 an increase of 97%. As a result, import price reached the peak level of $57,513 per unit. From 2018 to 2022, the average import prices remained at a somewhat 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 Sweden ($90,101 per unit), while the price for Spain ($9,888 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 Arab Emirates (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Angola (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $6,492 per unit in 2022, rising by 42% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of 99%. Over the period under review, the average export prices reached the maximum at $25,165 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($28,585 per unit), while the average price for exports to South Africa ($330 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 Congo (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Angola
Imports of tractors; (other than tractors of heading no 8709)s into Angola surged to 1.9K units in 2022, with an increase of 138% compared with the previous year's figure. Overall, imports enjoyed a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $75M in 2022. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 3.0 | 13.8 | 43.3 | 90.1% |
| Sweden | 1.4 | 0.8 | 1.9 | 9.6 | 90.0% |
| Germany | 0.8 | 0.1 | 0.2 | 3.3 | 60.4% |
| Pakistan | 0.1 | 0.5 | 2.5 | 2.6 | 196.2% |
| Portugal | 1.4 | 1.0 | 0.9 | 2.6 | 22.9% |
| Brazil | 2.5 | 1.0 | 1.0 | 2.3 | -2.7% |
| India | 0.7 | 0.4 | 0.5 | 2.1 | 44.2% |
| Japan | N/A | N/A | 0.5 | 1.4 | 180.0% |
| Spain | N/A | N/A | N/A | 1.2 | 0% |
| South Korea | 16.7 | 5.3 | 1.6 | 0.3 | -73.8% |
| United Arab Emirates | 3.0 | 0.7 | 0.6 | 0.2 | -59.5% |
| Belarus | N/A | 2.1 | 0.9 | 0.1 | -78.2% |
| Democratic People's Republic of Korea | 6.1 | N/A | N/A | N/A | 0% |
| Others | 11.9 | 6.5 | 4.3 | 6.1 | -20.0% |
| Total | 51.0 | 21.5 | 28.9 | 74.9 | 13.7% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Angola in 2022:
- China (1236.0 units)
- Spain (117.0 units)
- Sweden (106.0 units)
- India (98.0 units)
- Germany (61.0 units)
- Pakistan (41.0 units)
- Japan (41.0 units)
- Portugal (32.0 units)
- Brazil (26.0 units)
- United Arab Emirates (7.0 units)
- South Korea (7.0 units)
- Belarus (1.0 units)
- Democratic People's Republic of Korea (1.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Angola
In 2022, approx. 10 units of tractors; (other than tractors of heading no 8709)s were exported from Angola; growing by 11% against the year before. Over the period under review, exports, however, saw a pronounced contraction. Over the period under review, the exports of hit record highs at 12 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tractors; (other than tractors of heading no 8709)s surged to $65K in 2022. In general, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 117%. As a result, the exports attained the peak of $281K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 11.5 | 71.8 | 14.9 | 28.6 | 35.5% |
| Italy | 8.3 | 30.2 | 6.2 | 11.6 | 11.8% |
| Nigeria | 9.5 | 32.8 | 6.3 | 11.3 | 6.0% |
| Mozambique | 12.5 | 32.0 | 4.6 | 4.8 | -27.3% |
| Zambia | 2.8 | 8.9 | 1.6 | 2.5 | -3.7% |
| Namibia | 13.1 | 27.4 | 3.2 | 2.2 | -44.8% |
| Democratic Republic of the Congo | 7.6 | 29.1 | 2.7 | 1.9 | -37.0% |
| Cameroon | 4.8 | 5.6 | 0.8 | 1.1 | -38.8% |
| Portugal | 1.1 | 4.9 | 1.1 | 0.6 | -18.3% |
| South Africa | N/A | N/A | N/A | 0.3 | 0% |
| Gabon | N/A | 38.1 | N/A | N/A | 0% |
| Cuba | 0.1 | N/A | N/A | N/A | 0% |
| Ghana | 58.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 129 | 281 | 41.2 | 64.9 | -20.5% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Angola in 2022:
- Italy (1.0 units)
- Portugal (1.0 units)
- South Africa (1.0 units)
- Zambia (1.0 units)
- Democratic Republic of the Congo (1.0 units)
- Congo (1.0 units)
- Mozambique (1.0 units)
- Namibia (1.0 units)
- Nigeria (1.0 units)
- Cameroon (1.0 units)
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