Petroleum Jelly Price in Angola - 2022

Contents:

1. Petroleum Jelly Price in Angola (CIF) - 2022
2. Petroleum Jelly Price in Angola (FOB) - 2022
3. Petroleum Jelly Imports in Angola
4. Petroleum Jelly Exports in Angola

Petroleum Jelly Price in Angola (CIF) - 2022

In 2022, the average petroleum jelly import price amounted to $1,413 per ton, shrinking by -8.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 35%. The import price peaked at $2,647 per ton in 2016; however, from 2017 to 2022, 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 ($14,714 per ton), while the price for Namibia ($586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum Jelly Price in Angola (FOB) - 2022

In 2021, the average petroleum jelly export price amounted to $7,000 per ton, increasing by 17% against the previous year. Over the period under review, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2021, the rate of growth in terms of prices for Namibia amounted to 0.0% per year.

Petroleum Jelly Imports in Angola

In 2022, the amount of petroleum jellies imported into Angola reduced to 146 tons, dropping by -3.5% on the previous year's figure. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9%.

In value terms, petroleum jelly imports reduced to $206K in 2022. Overall, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year.

Top Suppliers of Petroleum Jelly to Angola in 2022:

1. Tanzania (118.4 tons)
2. India (24.3 tons)

Petroleum Jelly Exports in Angola

Petroleum jelly exports from Angola fell notably to 4 kg in 2021, dropping by -33.3% against 2020 figures. In general, exports saw a sharp descent.

In value terms, petroleum jelly exports contracted markedly to $28 in 2021. Over the period under review, exports showed a sharp decrease.

Top Export Markets for Petroleum Jelly from Angola in 2022:

1. Namibia (4.0 kg)

Source: IndexBox Market Intelligence Platform