Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $2,409 per ton in 2022, surging by 3.4% against the previous year. Overall, the import price saw a strong expansion. The pace of growth was the most pronounced in 2014 an increase of 149% against the previous year. Over the period under review, average import prices reached the peak figure at $8,786 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 ($13,609 per ton), while the price for Democratic Republic of the Congo ($564 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 (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola
After three years of growth, overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -36.3% to 1.5 tons in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 233% against the previous year. As a result, imports reached the peak of 2.4 tons, and then fell notably in the following year.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted reduced remarkably to $3.6K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. As a result, imports attained the peak of $5.5K, and then shrank notably in the following year.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 239 | 382 | 849 | 1,565 | 87.1% |
| United Arab Emirates | 49.0 | 205 | 442 | 1,235 | 193.2% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 585 | 0% |
| Nigeria | N/A | N/A | N/A | 159 | 0% |
| United States | N/A | N/A | N/A | 79.0 | 0% |
| China | 129 | 163 | 106 | 27.0 | -40.6% |
| Congo | 250 | 557 | 3,430 | N/A | 270.4% |
| Brazil | 95.0 | 278 | 415 | N/A | 109.0% |
| Others | 61.0 | 201 | 297 | N/A | 120.7% |
| Total | 823 | 1,786 | 5,539 | 3,650 | 64.3% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Angola in 2022:
- Democratic Republic of the Congo (1037.0 kg)
- Nigeria (162.0 kg)
- Portugal (115.0 kg)
- United Arab Emirates (115.0 kg)
- United States (81.0 kg)
- China (5.0 kg)
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