Price for Cotton; Sewing Thread, Put Up for Retail Sale in Angola - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Angola (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Angola (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Angola
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Angola

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Angola (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $3,714 per ton in 2022, with an increase of 8.9% against the previous year. Over the period under review, the import price posted moderate growth. The most prominent rate of growth was recorded in 2015 an increase of 58%. As a result, import price reached the peak level of $4,010 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Portugal ($41,406 per ton), while the price for Hong Kong SAR ($1,290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Angola (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $24,632 per ton in 2022, surging by 24% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($28,200 per ton), while the average price for exports to Sao Tome and Principe ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+18.4%).

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Angola

In 2022, approx. 30 tons of cotton; sewing thread, put up for retail sale were imported into Angola; jumping by 102% against the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale surged to $113K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.417.520.456.757.9%
Belgium0.82.914.718.9186.9%
Lebanon2.84.13.58.645.4%
France0.30.70.95.2158.8%
Hong Kong SAR0.40.50.30.614.5%
Others5.07.011.522.665.3%
Total23.732.651.311368.3%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Angola in 2022:

  1. China (21.4 tons)
  2. Belgium (3.1 tons)
  3. Lebanon (2.4 tons)
  4. France (1.5 tons)
  5. Hong Kong SAR (0.5 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Angola

In 2022, shipments abroad of cotton; sewing thread, put up for retail sale decreased by -6.7% to 250 kg, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 308 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cotton; sewing thread, put up for retail sale surged to $6.2K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A3.10%
South AfricaN/AN/AN/A2.90%
Democratic Republic of the Congo3.54.65.30.1-69.4%
OthersN/AN/AN/AN/A0%
Total3.54.65.36.221.0%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Angola in 2022:

  1. Kenya (126.0 kg)
  2. South Africa (118.0 kg)
  3. Democratic Republic of the Congo (5.0 kg)

Source: IndexBox Market Intelligence Platform

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