Price for Embroidery; in the Piece, in Strips or in Motifs in Angola - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Angola (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Angola (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Angola
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Angola

Price for Embroidery; in the Piece, in Strips or in Motifs in Angola (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $2,598 per ton, falling by -57.2% against the previous year. Overall, the import price saw a deep downturn. The growth pace was the most rapid in 2016 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the maximum at $15,308 per ton in 2020; however, from 2021 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 Portugal ($28,866 per ton), while the price for China ($2,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Angola (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $3,000 per ton in 2022, shrinking by -84.7% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 5,088%. Over the period under review, the average export prices attained the maximum at $60,222 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Portugal amounted to +20.1% per year.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Angola

Imports of embroidery; in the piece, in strips or in motifses into Angola soared to 55 tons in 2022, increasing by 577% compared with 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $142K in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Embroidery; in the Piece, in Strips or in Motifs in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.19.8104704.1%
Portugal17.421.27.617.1-0.6%
United Arab Emirates0.30.2N/A7.8196.2%
India17.224.122.2N/A13.6%
Others9.28.79.312.811.6%
Total44.354.248.914247.4%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Angola in 2022:

  1. China (50.3 tons)
  2. United Arab Emirates (1.7 tons)
  3. Portugal (0.6 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Angola

Exports of embroidery; in the piece, in strips or in motifses from Angola declined notably to 1 kg in 2022, dropping by -98.4% against 2021 figures. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 385% against the previous year. As a result, the exports reached the peak of 63 kg, and then contracted remarkably in the following year.

In value terms, exports of embroidery; in the piece, in strips or in motifses dropped notably to $3 in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 262% against the previous year. As a result, the exports reached the peak of $1.2K, and then plummeted in the following year.

Export of Embroidery; in the Piece, in Strips or in Motifs in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5762671,2113.0-82.7%
Democratic Republic of the CongoN/AN/A28.0N/A0%
Brazil50875.0N/AN/A-85.2%
OthersN/AN/AN/AN/A0%
Total1,0843421,2393.0-86.0%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Angola in 2022:

  1. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform

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