Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola - 2022
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $1,379 per ton in 2022, which is down by -20% against the previous year. In general, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016 an increase of 176%. As a result, import price reached the peak level of $4,436 per ton. From 2017 to 2022, the average 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 Jordan ($25,169 per ton), while the price for China ($1,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $3,700 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 97%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +19.7% per year.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola
For the fourth year in a row, Angola recorded growth in purchases abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, which increased by 151% to 238 tons in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 284% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses skyrocketed to $328K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 162%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 10.9 | 98.9 | 275 | 211.5% |
| Portugal | 1.3 | 3.5 | 11.4 | 26.6 | 173.5% |
| Jordan | 20.1 | 24.2 | 17.7 | 13.0 | -13.5% |
| United States | 1.5 | 54.0 | 26.7 | 0.4 | -35.6% |
| Others | 8.1 | 12.3 | 8.3 | 13.1 | 17.4% |
| Total | 40.1 | 105 | 163 | 328 | 101.5% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Angola in 2022:
- China (226.4 tons)
- Portugal (9.2 tons)
- Jordan (0.5 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -87.5% to 70 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 35% against the previous year.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses declined dramatically to $259 in 2022. In general, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 51%.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 895 | 1,388 | 1,850 | 259 | -33.9% |
| Portugal | 26.0 | N/A | 5.0 | N/A | -56.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 921 | 1,388 | 1,855 | 259 | -34.5% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Angola in 2022:
- Democratic Republic of the Congo (70.0 kg)
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