Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola - 2022

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (CIF) - 2022

In December 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $3,247 per ton, with an increase of 20% against the previous month. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 65% month-to-month. Over the period under review, average import prices attained the peak figure in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($3,337 per ton), while the price for India ($369 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 China (+6.3%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (FOB) - 2022

The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $17,693 per ton in 2022, waning by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20% against the previous year. The export price peaked at $18,225 per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($58,434 per ton), while the average price for exports to Portugal ($4,984 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 South Africa (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into Angola soared to 2.3K tons, increasing by 247% against the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $4.5M in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 109%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41.41949772,187275.2%
India5127941,1592,05358.9%
Congo6.44.78.263.5114.9%
Others84.287.511319833.0%
Total6441,0802,2574,50191.2%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Angola in 2022:

  1. China (1217.6 tons)
  2. India (905.1 tons)
  3. Congo (55.4 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola

In 2022, overseas shipments of fabrics, knitted or crocheted, of a width of > 30 cms were finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep downturn.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms stood at $23K in 2022. Over the period under review, exports, however, showed a pronounced downturn.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sao Tome and Principe1.45.71.813.6113.4%
Brazil9.814.11.53.5-29.1%
Democratic Republic of the Congo7.01.60.43.2-23.0%
Portugal1.30.6N/A0.3-38.7%
China5.1N/AN/AN/A0%
South AfricaN/AN/A18.1N/A0%
Others1.72.10.12.513.7%
Total26.224.121.923.0-4.2%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Angola in 2022:

  1. Brazil (640.0 kg)
  2. Sao Tome and Principe (542.0 kg)
  3. Democratic Republic of the Congo (56.0 kg)
  4. Portugal (53.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Angola