Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (CIF) - 2022
In December 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,628 per ton, picking up by 40% against the previous month. Overall, the import price posted a prominent expansion. The most prominent rate of growth was recorded in January 2022 an increase of 571% month-to-month. Over the period under review, average import prices hit record highs at $4,527 per ton in June 2022; however, from July 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($5,046 per ton), while the price for China ($599 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,444 per ton in 2022, rising by 15% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 192% against the previous year. Over the period under review, the average export prices hit record highs at $11,370 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to -5.2% per year.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Angola skyrocketed to 1.3K tons, rising by 41% on 2021. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $4.3M in 2022. In general, imports saw temperate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 213 | 208 | 205 | 2,149 | 116.1% |
| Germany | 290 | 46.1 | 124 | 878 | 44.7% |
| China | 2,020 | 928 | 865 | 782 | -27.1% |
| Italy | 401 | 204 | 14.1 | 50.5 | -49.9% |
| India | 8.2 | 15.9 | 222 | 34.7 | 61.7% |
| Tunisia | 27.7 | 24.1 | 24.4 | N/A | -6.1% |
| Saudi Arabia | 551 | 230 | 413 | N/A | -13.4% |
| Others | 473 | 329 | 608 | 385 | -6.6% |
| Total | 3,985 | 1,984 | 2,476 | 4,279 | 2.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Angola in 2022:
- Portugal (725.4 tons)
- China (384.3 tons)
- Germany (125.4 tons)
- India (8.0 tons)
- Italy (6.2 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola
In 2022, overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -94.6% to 9 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 322% against the previous year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) plummeted to $40 in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 234% against the previous year. As a result, the exports attained the peak of $1.4K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 174 | 28.0 | 32.0 | 40.0 | -38.7% |
| Mozambique | 209 | N/A | N/A | N/A | 0% |
| Namibia | N/A | 183 | 303 | N/A | 65.6% |
| Democratic Republic of the Congo | N/A | 1,133 | N/A | N/A | 0% |
| Cuba | N/A | N/A | 295 | N/A | 0% |
| Sao Tome and Principe | N/A | N/A | 7.0 | N/A | 0% |
| Others | 25.0 | 17.0 | 7.0 | N/A | -47.1% |
| Total | 408 | 1,361 | 644 | 40.0 | -53.9% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Angola in 2022:
- Congo (9.0 kg)
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