Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Angola - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $2,974 per ton in 2022, with an increase of 57% against the previous year. Overall, the import price, however, saw a abrupt slump. Over the period under review, average import prices hit record highs at $4,951 per ton in 2012; however, from 2013 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 the United Arab Emirates ($32,367 per ton), while the price for Lebanon ($523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.0%), while the prices for the other major suppliers experienced a decline.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $10,500 per ton in 2022, picking up by 753% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. Over the period under review, the average export prices hit record highs at $15,000 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($18,000 per ton), while the average price for exports to Namibia totaled $9,667 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+52.5%).

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola

In 2022, imports of wadding; other articles thereof, of man-made fibreses into Angola soared to 368 tons, with an increase of 23% on 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 198%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $1.1M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 177%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16.8105318865272.0%
China29.249.215619086.7%
Namibia0.50.80.815.3212.8%
Lebanon0.40.40.15.1133.6%
Turkey7.38.410.30.3-65.5%
Others26.158.083.018.8-10.4%
Total80.32225681,094138.8%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Angola in 2022:

  1. China (316.5 tons)
  2. United Arab Emirates (26.7 tons)
  3. Namibia (12.0 tons)
  4. Lebanon (9.8 tons)
  5. Turkey (0.2 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola

In 2022, approx. 20 kg of wadding; other articles thereof, of man-made fibreses were exported from Angola; which is down by -96.3% on the year before. In general, exports showed a sharp descent.

In value terms, exports of wadding; other articles thereof, of man-made fibreses dropped notably to $210 in 2022. Over the period under review, exports continue to indicate a sharp setback.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Angola (USD)
COUNTRY20212022CAGR,
2021-2022
NamibiaN/A1740%
United StatesN/A36.00%
Democratic Republic of the Congo665N/A0%
OthersN/AN/A0%
Total665210-68.4%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Angola in 2022:

  1. Namibia (18.0 kg)
  2. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform

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