Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola - 2022

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (CIF) - 2022

The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,342 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The growth pace was the most rapid in 2016 an increase of 62%. As a result, import price reached the peak level of $7,389 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,791 per ton), while the price for Spain ($705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (FOB) - 2022

The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $19,852 per ton in 2022, dropping by -11.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 258%. As a result, the export price attained the peak level of $29,208 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23,503 per ton), while the average price for exports to Sao Tome and Principe ($8,494 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 Lebanon (+87.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Angola surged to 1.4K tons in 2022, growing by 59% against the previous year. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) soared to $4.5M in 2022. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29328752781240.5%
United States50348223876114.8%
Portugal37411534158916.3%
Belgium20.424.552.2198113.3%
Malaysia817297393148-43.4%
South Africa97.49.687.495.9-0.5%
United Arab Emirates12.18.02.374.783.4%
Spain79.810.923.718.0-39.1%
Others6355961,1871,83642.5%
Total2,8321,8292,8514,53217.0%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Angola in 2022:

  1. China (812.1 tons)
  2. Portugal (293.8 tons)
  3. United States (40.5 tons)
  4. Spain (25.5 tons)
  5. South Africa (24.4 tons)
  6. United Arab Emirates (21.3 tons)
  7. Belgium (20.9 tons)
  8. Malaysia (7.3 tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola

In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Angola soared to 2.5 tons, jumping by 827% on the year before. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $49K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A28.60%
United States0.80.20.111.9145.9%
Portugal0.40.20.72.276.5%
Ghana1.10.30.22.022.1%
Sao Tome and Principe0.50.20.40.711.9%
Mozambique1.2N/AN/AN/A0%
Democratic Republic of the CongoN/AN/A2.1N/A0%
Others1.30.62.53.640.4%
Total5.31.56.049.0109.9%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Angola in 2022:

  1. Namibia (1724.0 kg)
  2. United States (505.0 kg)
  3. Portugal (107.0 kg)
  4. Sao Tome and Principe (77.0 kg)
  5. Ghana (32.0 kg)

Source: IndexBox Market Intelligence Platform

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