Angola - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2024
Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Angola
In 2023, the Angolan market for hot-rolled wire rod in coil of stainless steel increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, posted significant growth. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.
Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Angola
In value terms, hot-rolled wire stainless steel rod production reduced to $X in 2023 estimated in export price. In general, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.
Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel
Exports from Angola
In 2023, approx. X kg of hot-rolled wire rod in coil of stainless steel were exported from Angola; picking up by X% on the year before. Overall, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, hot-rolled wire stainless steel rod exports totaled $X in 2023. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The UK (X kg) was the main destination for hot-rolled wire stainless steel rod exports from Angola, with a approx. X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to the UK totaled X%.
In value terms, the UK ($X) also remains the key foreign market for hot-rolled wire rod in coil of stainless steel exports from Angola.
From 2012 to 2023, the average annual growth rate of value to the UK stood at X%.
Export Prices by Country
In 2023, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $X per ton, dropping by X% against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2023, the rate of growth in terms of prices for the UK amounted to X% per year.
Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel
Imports into Angola
Hot-rolled wire stainless steel rod imports into Angola shrank to X tons in 2023, which is down by X% on 2022. In general, imports showed a pronounced decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, hot-rolled wire stainless steel rod imports soared to $X in 2023. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of hot-rolled wire stainless steel rod to Angola, accounting for a X% share of total imports. Moreover, hot-rolled wire stainless steel rod imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X kg), twofold. The third position in this ranking was taken by Portugal (X kg), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Portugal (X% per year).
In value terms, China ($X) constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Angola, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Portugal (X% per year).
Import Prices by Country
The average import price for hot-rolled wire rod in coil of stainless steel stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price, however, saw a noticeable decline. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 24106300 - Hot-rolled wire rod in coil, of stainless steel
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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