Price for Clothing; Parts, Knitted or Crocheted in Angola - 2022

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Angola (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Angola (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Angola
4. Exports of Clothing; Parts, Knitted or Crocheted in Angola

Price for Clothing; Parts, Knitted or Crocheted in Angola (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $3,205 per ton, falling by -6.5% against the previous year. Over the period under review, the import price, however, posted temperate growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 134%. The import price peaked at $5,734 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,025 per ton), while the price for Namibia ($964 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clothing; Parts, Knitted or Crocheted in Angola (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $10,933 per ton in 2022, reducing by -9% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,822% against the previous year. As a result, the export price reached the peak level of $25,857 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($37,500 per ton), while the average price for exports to the United States ($6,300 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+28.7%), while the prices for the other major destinations experienced a decline.

Imports of Clothing; Parts, Knitted or Crocheted in Angola

In 2022, purchases abroad of clothing; parts, knitted or crocheted increased by 514% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports surged to $48K in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Angola in 2022:

1. Portugal (12.8 tons)
2. Netherlands (0.7 tons)
3. Germany (0.5 tons)
4. United States (0.4 tons)
5. Namibia (0.3 tons)

Exports of Clothing; Parts, Knitted or Crocheted in Angola

In 2022, approx. 45 kg of clothing; parts, knitted or crocheted were exported from Angola; waning by -15.1% against the previous year's figure. In general, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 51%.

In value terms, clothing; parts, knitted or crocheted exports reduced remarkably to $492 in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 308%. As a result, the exports reached the peak of $905. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Angola in 2022:

1. United States (30.0 kg)
2. Greece (10.0 kg)
3. France (4.0 kg)
4. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform