Price for Wood; Shingles and Shakes in Angola - 2022
Contents:
- Price for Wood; Shingles and Shakes in Angola (FOB) - 2022
- Price for Wood; Shingles and Shakes in Angola (CIF) - 2022
- Exports of Wood; Shingles and Shakes in Angola
- Imports of Wood; Shingles and Shakes in Angola
Price for Wood; Shingles and Shakes in Angola (FOB) - 2022
In 2021, the average wood; shingles and shakes export price amounted to $1,587 per ton, picking up by 97% against the previous year. Overall, the export price saw a resilient expansion. Over the period under review, the average export prices hit record highs at $1,730 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2016 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -4.2% per year.
Price for Wood; Shingles and Shakes in Angola (CIF) - 2022
The average wood; shingles and shakes import price stood at $2,795 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +10.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; shingles and shakes import price decreased by -3.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 91%. As a result, import price attained the peak level of $3,696 per ton. From 2015 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 Spain ($18,000 per ton), while the price for South Africa ($512 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Shingles and Shakes in Angola
In 2021, exports of wood; shingles and shakeses from Angola soared to 75 kg, picking up by 83% on the previous year. In general, exports, however, recorded a sharp curtailment.
In value terms, wood; shingles and shakes exports skyrocketed to $119 in 2021. Overall, exports, however, saw a dramatic decline.
| Export of Wood; Shingles and Shakes in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Democratic Republic of the Congo | 493 | N/A | 119 | -50.9% | |
| Portugal | N/A | 33.0 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 493 | 33.0 | 119 | -50.9% | |
Top Export Markets for Wood; Shingles and Shakes from Angola in 2022:
- Democratic Republic of the Congo (75.0 kg)
Imports of Wood; Shingles and Shakes in Angola
In 2022, after three years of growth, there was significant decline in supplies from abroad of wood; shingles and shakeses, when their volume decreased by -16.2% to 2.5 tons. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 88%.
In value terms, wood; shingles and shakes imports shrank rapidly to $6.9K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 83%.
| Import of Wood; Shingles and Shakes in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.7 | 5.0 | 7.4 | 6.2 | 31.9% |
| South Africa | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| United States | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| China | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Namibia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.1 | 5.6 | 8.2 | 6.9 | 30.6% |
Top Suppliers of Wood; Shingles and Shakes to Angola in 2022:
- Brazil (1828.0 kg)
- South Africa (322.0 kg)
- China (169.0 kg)
- United States (111.0 kg)
- Namibia (39.0 kg)
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