From January to December 2021, the total bilateral trade between China and Angola was US$23.34 billion, a year-on-year increase of 41.4%. Among them, China’s exports were US$2.49 billion and imports were US$20.85 billion, up 42.6% and 41.3% year-on-year respectively.
Angola is China’s third-largest trading partner in Africa, after South Africa ($54.35 billion) and Nigeria ($25.68 billion).
Angola’s political and economic reforms in recent years have driven the positive development of Angola’s economy. As a crane manufacturer that provides crane services to the world, Dongqi Crane hopes to open up the crane market in Angola. This article will study the development form of overhead cranes in Angola in 2022 from historical data
Some Questions About the World Overhead Crane Market
Before we start discussing the aerial crane market in Angola, we have a few small questions that need to be answered first. Let’s take a look
- What are the largest markets for overhead travelling cranes on fixed support in the world?
- The countries with the highest volumes of overhead travelling crane consumption in 2020 were China (34K units), the U.S. (18K units) and India (13K units), together comprising 39% of global consumption. Japan, Germany, Russia, Brazil, Denmark, Bangladesh, Canada, Spain, Turkey and Italy lagged somewhat behind, together comprising a further 28%.
- What are the largest producers of overhead travelling cranes on fixed support in the world?
- China (38K units) remains the largest overhead travelling crane producing country worldwide, accounting for 24% of total volume. Moreover, overhead travelling crane production in China exceeded the figures recorded by the second-largest producer, the U.S. (18K units), twofold. The third position in this ranking was occupied by India (14K units), with a 9% share.
- What are the leading suppliers of overhead travelling cranes on fixed support to Angola?
- In value terms, Brazil ($375K) constituted the largest supplier of overhead travelling crane to Angola, comprising 60% of total imports. The second position in the ranking was occupied by Portugal ($117K), with a 19% share of total imports. It was followed by China, with a 5.7% share.
- What is the average export price for overhead travelling cranes on fixed support in Angola?
- In 2018, the average overhead travelling crane export price amounted to $24,380 per unit, jumping by 377% against the previous year.
- What is the average import price for overhead travelling cranes on fixed support in Angola?
- The average overhead travelling crane import price stood at $25,680 per unit in 2020, rising by 2.5% against the previous year.
Angola overhead crane market size
In 2020, the Angola Overhead Crane Market grew by X% to US$ X, rising for the third consecutive year after two years of decline. Overall, from 2007 to 2020, total consumption has grown significantly: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, consumption increased by +X% compared to the 2017 index. The growth rate was most pronounced in 2015, when market value increased by X% over the previous year. As a result, spending reached the highest level of X dollars. From 2016 to 2020, market growth failed to regain momentum.
In value terms, the production of overhead cranes in 2020 increased slightly to $X at export prices. During the period under review, from 2007 to 2020, total production has grown significantly: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, production has increased by +X% compared to the 2017 index. The rate of growth was most pronounced in 2014, with an X% year-on-year increase. During the period under review, production peaked in 2020 and may continue to grow in the short term.
Angola’s export of overhead cranes
In 2020, overseas shipments of fixed-support overhead cranes fell by X% to X units, the fourth consecutive year of decline after a decade of growth. Overall, exports contracted sharply. The most significant growth rate occurred in 2016, with a year-on-year increase of X%. As a result, exports peaked at X units. Export growth failed to regain momentum between 2017 and 2020.
Overhead crane exports in 2020 were worth X dollars in value. Overall, export volumes have grown significantly. The growth rate was most pronounced in 2015, with an X% increase over the previous year. As a result, exports peaked at X dollars. From 2016 to 2020, the export growth rate remained at a low level.
Namibia (X units) is the main destination for Angola’s overhead crane exports, accounting for X% of total exports. In addition, five times as many overhead cranes were exported to Namibia as to the second major destination, South Africa (X units).
From 2007 to 2018, the average annual growth rate of shipments to Namibia was relatively modest.
From 2007 to 2018, the average annual value growth rate in Namibia was relatively modest.
Import scale of overhead cranes in Angola
Overseas purchases of fixed-support overhead cranes decreased -X% to X units in 2020, falling for the second consecutive year after two years of growth. Overall, however, there has been a considerable increase in imports. The most significant growth rate occurred in 2008, when imports increased by X% year-on-year. During the period under review, imports reached an all-time high of X units in 2015; however, from 2016 to 2020, imports have been at a low level.
In 2020, imports of overhead cranes dropped significantly to $X in value terms. But overall, import volumes continued to show a moderate downward trend. In 2008, the growth rate was the fastest, with imports increasing by X% year-on-year. During the period under review, imports reached a record $X in 2009; however, from 2010 to 2020, imports have been at lower levels.
In 2020, Brazil (X units) was the largest supplier of overhead cranes in Angola, accounting for X% of total imports. In addition, the number of overhead cranes imported from Brazil was three times higher than the number recorded by the second largest supplier, China (X units). Third in the ranking is Belgium (X units) with an X% share. From 2007 to 2020, the average annual growth rate of sales from Brazil totaled +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (X% per annum) and Belgium (-X% per annum).
Brazil ($X) is the largest supplier of overhead cranes to Angola by value, accounting for X% of total imports. In second place is Portugal ($X) with X% of total imports. It is followed by China with an X% share. From 2007 to 2020, Brazil has experienced an average annual value growth of +X%. The average annual growth rates of imports by the remaining suppliers are as follows: Portugal (+X% per annum) and China (-X% per annum)
How to customize Overhead Crane from China
We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a Overhead Crane, you can leave a message on the website or email, tell us the following information, and our sales manager will contact you:
- Lifting capacity (ton): __ ?( The rated capacity)
- Lifting height (m):__ ? (Height from hook center to the floor)
- Span (m): __ ? (Distance between rail center)
- Lifting speed (m/min): __ ? ( Single, Dual, Variable)
- Traveling distance (m): __ ? (The length of the rail)
- Work duty: __ ? (How many hours a day? How many times an hour?)
- What material to be lifted: __ ?
- Industrial voltage: __ ? ( like :380V, 50Hz, 3ph )
You can either fill out the contact form or send us an email. After receiving your inquiry, we will contact you as soon as possible and provide you with a suitable offer.
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