Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola - 2022

Contents:

  1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola
  4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (CIF) - 2022

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $7,196 per ton, declining by -3.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43%. Over the period under review, average import prices hit record highs at $8,942 per ton in 2016; however, from 2017 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 Norway ($25,998 per ton), while the price for China ($2,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,307 per ton in 2022, falling by -10.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 115% against the previous year. The export price peaked at $8,449 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($56,565 per ton), while the average price for exports to Portugal ($433 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 Norway (+22.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola

In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Angola fell to 129 tons, declining by -9.5% compared with the previous year. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira declined to $930K in 2022. In general, imports recorded a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 8.7% against the previous year.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal180234113179-0.2%
China67877.8135163-37.8%
United Kingdom70.475.726510815.3%
Brazil15640.323.293.9-15.6%
France87.812.156.239.4-23.4%
South Africa8.813.821.230.551.3%
Spain11941.821.518.0-46.7%
India4.345.21022.7-14.4%
Others745437326296-26.5%
Total2,0499781,063930-23.1%

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Angola in 2022:

  1. China (63.8 tons)
  2. Brazil (17.4 tons)
  3. Portugal (16.9 tons)
  4. Spain (5.9 tons)
  5. United Kingdom (4.7 tons)
  6. South Africa (3.7 tons)
  7. France (2.2 tons)
  8. India (0.4 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira exported from Angola soared to 3.2 tons, rising by 432% on 2021 figures. In general, exports saw a significant increase.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $14K in 2022. Overall, exports, however, recorded a perceptible contraction.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo0.20.70.26.6220.8%
Belgium1.69.20.91.84.0%
United Kingdom0.34.40.21.363.0%
Democratic Republic of the Congo1.46.90.11.3-2.4%
Portugal0.73.30.30.5-10.6%
Malawi2.22.2N/AN/A0.0%
Mozambique0.7N/AN/AN/A0%
Namibia0.79.0N/AN/A1185.7%
Sao Tome and PrincipeN/A0.2N/AN/A0%
Others7.34.61.22.1-34.0%
Total15.140.42.913.7-3.2%

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Angola in 2022:

  1. Portugal (1124.0 kg)
  2. United Kingdom (938.0 kg)
  3. Congo (446.0 kg)
  4. Democratic Republic of the Congo (379.0 kg)
  5. Belgium (177.0 kg)
  6. Sao Tome and Principe (51.0 kg)
  7. Namibia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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