In 2021, after two years of growth, there was significant decline in the Angolan market for pulley tackle and hoists powered by an electric motor, when its value decreased by -X% to $X. In general, consumption, however, recorded a deep contraction. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
In 2021, there are less than X motor driven pulley blocks and elevators exported from Angola; There is little change from the previous year's data. On the whole, the export trend is relatively stable.
In terms of value, the export of pulley block and hoist driven by electric motor reach X dollars in 2021. On the whole, there has been a serious decline in exports. During the reporting period, the export reached a record US $X in 2019; However, from 2020 to 2021, exports remain at a low level.
In 2021, about X motor driven pulley blocks and cranes be imported into Angola; It has increased by X% compared with last year. On the whole, however, imports contracted significantly. The most significant growth rate occurred in 2019, with imports increasing by X% year on year. In 2014, the import reached a peak of X sets; However, from 2015 to 2021, the number of imports has declined.
In terms of value, the import of pulley blocks and hoists driven by motors will shrink significantly to US $X in 2021. However, overall, imports continued to show a sharp decline. In 2019, the growth rate was the fastest, with imports increasing by X%. The import reached the peak of X dollars in 2012; However, from 2013 to 2021, imports remain at a low level.
In 2021, the United Arab Emirates (X sets) is Angola's largest supplier of pulley blocks and electric hoists, accounting for X% of the total import. In addition, the number of pulley blocks and electric motor driven cranes imported from the United Arab Emirates is more than twice that of the Netherlands (X sets), the second largest supplier. The United States (unit X) ranks third in total imports with X% share.
From 2012 to 2021, the average annual growth rate of exports of the United Arab Emirates is+X%. The average annual import growth rate of the remaining supplier countries is as follows: the Netherlands (+X% per year) and the United States (- X% per year).
In terms of value, the largest pulley blocks and cranes provided by Angolan motor suppliers are the Netherlands (US $X), the United Arab Emirates (US $X) and the United States (US $X), accounting for X% of total imports. Among the major supplier countries, the Netherlands has a compound annual growth rate of+X%, with the highest import growth rate during the reporting period, while the procurement growth rate of other major supplier countries is relatively moderate.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Angola were the Netherlands, the United Arab Emirates and the United States, with a combined 55% share of total imports.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $237 per unit, waning by -37.3% against the previous year.
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