Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola - 2022

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,225 per ton in 2022, which is down by -19.6% against the previous year. Over the period under review, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs at $1,918 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($6,322 per ton), while the price for Turkey ($878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $3,907 per ton, surging by 122% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3,980 per ton), while the average price for exports to Congo totaled $963 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+22.8%), while the prices for the other major destinations experienced a decline.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola

For the third year in a row, Angola recorded decline in overseas purchases of tubes, pipes and hollow profiles, of cast iron, which decreased by -41.3% to 4.9K tons in 2022. Over the period under review, imports saw a dramatic contraction. The smallest decline of -35% was in 2020.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron reduced notably to $6M in 2022. Overall, imports continue to indicate a dramatic decrease. The smallest decline of -16.5% was in 2020.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Angola in 2022:

1. China (4094.4 tons)
2. Brazil (226.6 tons)
3. Turkey (169.9 tons)
4. Belgium (165.4 tons)
5. Portugal (86.6 tons)
6. France (6.1 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Angola

In 2022, shipments abroad of tubes, pipes and hollow profiles, of cast iron was finally on the rise to reach 87 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp slump.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $341K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Angola in 2022:

1. Democratic Republic of the Congo (85.2 tons)

Source: IndexBox Market Intelligence Platform