Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Angola - 2022

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (CIF) - 2022
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (FOB) - 2022
  3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola
  4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (CIF) - 2022

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,758 per ton in 2022, declining by -6% against the previous year. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 58% against the previous year. The import price peaked at $2,467 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($3,003 per ton), while the price for Spain ($1,398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (FOB) - 2022

The average export price for polymers of propylene or of other olefins, in primary formses stood at $3,880 per ton in 2022, leveling off at the previous year. In general, the export price enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 54%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +246.9% per year.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola

In 2022, the amount of polymers of propylene or of other olefins, in primary formses imported into Angola skyrocketed to 42K tons, with an increase of 28% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers of propylene or of other olefins, in primary formses skyrocketed to $74M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea18.513.414.529.917.4%
Saudi Arabia11.65.916.814.57.7%
China7.310.74.411.616.7%
South Africa9.95.55.87.7-8.0%
Spain4.11.61.01.8-24.0%
India3.10.91.91.4-23.3%
Thailand3.61.92.41.1-32.6%
Belgium4.04.34.20.3-57.8%
Others11.810.311.06.1-19.7%
Total73.954.561.974.30.2%

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Angola in 2022:

  1. South Korea (16.6K tons)
  2. China (7.7K tons)
  3. Saudi Arabia (7.2K tons)
  4. South Africa (4.7K tons)
  5. Spain (1.3K tons)
  6. India (0.6K tons)
  7. Thailand (0.6K tons)
  8. Belgium (0.1K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola

In 2022, shipments abroad of polymers of propylene or of other olefins, in primary formses decreased by 0% to 25 kg, falling for the second year in a row after two years of growth. In general, exports faced a significant decrease. The pace of growth was the most pronounced in 2020 with an increase of 392%. As a result, the exports attained the peak of 115 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polymers of propylene or of other olefins, in primary formses stood at $97 in 2022. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 196%. As a result, the exports reached the peak of $82K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A0.10%
Nigeria22.970.3N/AN/A207.0%
India2.07.0N/AN/A250.0%
Others2.94.6N/AN/A58.6%
Total27.782.0N/A0.1-84.7%

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Angola in 2022:

  1. Namibia (25.0 kg)

Source: IndexBox Market Intelligence Platform

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