Price for Wood; Statuettes and Other Ornaments of Wood in Angola - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Angola (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Angola (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Angola
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Angola

Price for Wood; Statuettes and Other Ornaments of Wood in Angola (CIF) - 2022

The average import price for wood; statuettes and other ornaments of wood stood at $1,361 per ton in 2022, falling by -2.5% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. The import price peaked at $5,072 per ton in 2015; however, from 2016 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 Indonesia ($25,444 per ton), while the price for Italy ($345 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+26.7%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Statuettes and Other Ornaments of Wood in Angola (FOB) - 2022

The average export price for wood; statuettes and other ornaments of wood stood at $4,660 per ton in 2022, with a decrease of -33.5% against the previous year. In general, the export price, however, saw moderate growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 163%. As a result, the export price reached the peak level of $8,644 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($28,073 per ton), while the average price for exports to Nigeria ($64 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 Argentina (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Angola

In 2022, approx. 87 tons of wood; statuettes and other ornaments of wood were imported into Angola; jumping by 75% on 2021 figures. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wood; statuettes and other ornaments of wood surged to $119K in 2022. In general, imports, however, showed a abrupt decrease.

Import of Wood; Statuettes and Other Ornaments of Wood in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal88.331.923.243.7-20.9%
China24.115.321.126.53.2%
Indonesia9.37.77.99.2-0.4%
SwitzerlandN/AN/AN/A9.20%
India5.00.32.14.5-3.5%
Lebanon0.40.40.42.584.2%
United Arab Emirates0.10.50.22.4188.4%
Others22.510.014.420.7-2.7%
Total15066.069.4119-7.4%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Angola in 2022:

  1. China (47.5 tons)
  2. Switzerland (12.9 tons)
  3. Portugal (11.4 tons)
  4. Lebanon (3.4 tons)
  5. United Arab Emirates (2.9 tons)
  6. India (2.2 tons)
  7. Indonesia (0.4 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Angola

In 2022, after three years of growth, there was significant decline in shipments abroad of wood; statuettes and other ornaments of wood, when their volume decreased by -61.4% to 2.4 tons. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. As a result, the exports reached the peak of 6.1 tons, and then dropped sharply in the following year.

In value terms, exports of wood; statuettes and other ornaments of wood contracted rapidly to $11K in 2022. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 133%. As a result, the exports attained the peak of $43K, and then contracted notably in the following year.

Export of Wood; Statuettes and Other Ornaments of Wood in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.46.10.93.9113.6%
Portugal2.15.136.82.0-1.6%
Argentina0.40.81.11.244.2%
France1.60.90.10.8-20.6%
South Africa1.20.90.60.5-25.3%
LebanonN/AN/AN/A0.50%
Brazil4.40.90.20.4-55.0%
Cabo Verde0.10.10.30.344.2%
ItalyN/A1.60.80.1-75.0%
CameroonN/AN/AN/A0.10%
Cote d'Ivoire0.10.10.10.10.0%
NigeriaN/AN/AN/AN/A0%
PanamaN/AN/AN/AN/A0%
Others10.41.91.91.0-54.2%
Total20.718.442.911.0-19.0%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Angola in 2022:

  1. United States (462.0 kg)
  2. Cameroon (302.0 kg)
  3. Portugal (268.0 kg)
  4. Brazil (247.0 kg)
  5. Lebanon (229.0 kg)
  6. Nigeria (171.0 kg)
  7. Cabo Verde (153.0 kg)
  8. France (96.0 kg)
  9. Panama (75.0 kg)
  10. Cote d'Ivoire (68.0 kg)
  11. South Africa (62.0 kg)
  12. Italy (51.0 kg)
  13. Argentina (41.0 kg)

Source: IndexBox Market Intelligence Platform

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