Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola - 2022
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola (CIF) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,469 per ton, dropping by -16.3% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $4,027 per ton in 2013; however, from 2014 to 2022, 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 South Africa ($10,000 per ton), while the price for Namibia ($193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.5%), while the prices for the other major suppliers experienced a decline.
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola
In 2022, overseas purchases of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -38.4% to 4.3 tons, falling for the second year in a row after two years of growth. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 97%. As a result, imports reached the peak of 34 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined remarkably to $6.3K in 2022. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 23.0 | 44.5 | 9.7 | 5.7 | -37.2% |
| China | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Portugal | 1.8 | 4.4 | 1.8 | 0.1 | -61.8% |
| Namibia | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Others | 0.3 | 0.6 | 0.3 | 0.1 | -30.7% |
| Total | 25.1 | 49.8 | 12.2 | 6.3 | -36.9% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Angola in 2022:
- South Korea (3628.0 kg)
- China (547.0 kg)
- Namibia (57.0 kg)
- Portugal (18.0 kg)
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