Angola: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Angola

The Angolan tungsten halogen lamp market soared to $X in 2021, jumping by 66% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, faced a deep setback. Tungsten halogen lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Angola

Tungsten halogen lamp exports from Angola surged to X units in 2021, growing by 61% compared with the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 427% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp exports soared to $X in 2021. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2018 with an increase of 460% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units) was the main destination for tungsten halogen lamp exports from Angola, accounting for a 69% share of total exports. Moreover, tungsten halogen lamp exports to South Africa exceeded the volume sent to the second major destination, Belgium (X units), fourfold. Democratic Republic of the Congo (X units) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+77.0% per year) and Democratic Republic of the Congo (+34.4% per year).

In value terms, South Africa ($X) remains the key foreign market for tungsten halogen lamps exports from Angola, comprising 57% of total exports. The second position in the ranking was held by Belgium ($X), with a 20% share of total exports. It was followed by Democratic Republic of the Congo, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+68.8% per year) and Democratic Republic of the Congo (+53.5% per year).

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2021, with an increase of 7.7% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2015 when the average export price increased by 88%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Tungsten Halogen Lamp Imports

Imports into Angola

After two years of decline, overseas purchases of tungsten halogen lamps increased by 29% to X units in 2021. Over the period under review, imports, however, showed a dramatic setback. The pace of growth was the most pronounced in 2018 with an increase of 54%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), South Africa (X units) and Portugal (X units) were the main suppliers of tungsten halogen lamp imports to Angola, with a combined 66% share of total imports. The United Arab Emirates, Namibia, France, Canada, Germany, Poland and Turkey lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +30.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Portugal ($X), China ($X) and South Africa ($X) constituted the largest tungsten halogen lamp suppliers to Angola, with a combined 51% share of total imports. The United Arab Emirates, Germany, Namibia, Poland, France, Canada and Turkey lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Namibia, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, increasing by 44% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2019 an increase of 72% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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