Quartzite Price in Angola - 2022

Contents:

  1. Quartzite Price in Angola (FOB) - 2022
  2. Quartzite Price in Angola (CIF) - 2022
  3. Quartzite Exports in Angola
  4. Quartzite Imports in Angola

Quartzite Price in Angola (FOB) - 2022

The average quartzite export price stood at $125 per ton in 2022, with a decrease of -8.1% against the previous year. Overall, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 50%. As a result, the export price reached the peak level of $413 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($210 per ton), while the average price for exports to China amounted to $101 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-5.7%).

Quartzite Price in Angola (CIF) - 2022

The average quartzite import price stood at $824 per ton in 2022, increasing by 22% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quartzite import price decreased by -9.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 63% against the previous year. Over the period under review, average import prices reached the peak figure at $910 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Brazil ($4,653 per ton), while the price for South Africa ($119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Exports in Angola

In 2022, approx. 397 tons of quartzite were exported from Angola; declining by -18.4% against the previous year. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year.

In value terms, quartzite exports fell markedly to $50K in 2022. Overall, exports faced a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year.

Export of Quartzite in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China82.322.141.231.4-27.5%
Italy15.811.024.118.45.2%
South Africa5.1N/AN/AN/A0%
OthersN/AN/A1.1N/A0%
Total10333.266.549.8-21.5%

Top Export Markets for Quartzite from Angola in 2022:

  1. China (309.9 tons)
  2. Italy (87.6 tons)

Quartzite Imports in Angola

After two years of decline, overseas purchases of quartzite increased by 38% to 23 tons in 2022. In general, imports, however, showed a precipitous decline.

In value terms, quartzite imports soared to $19K in 2022. Overall, imports, however, saw a precipitous curtailment.

Import of Quartzite in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil60.323.19.115.5-36.4%
China0.81.01.32.240.1%
South Africa3.21.10.40.6-42.8%
Italy1.10.30.10.2-43.3%
India0.70.20.10.1-47.7%
Saint Helena, Ascension and Tristan da Cunha0.3N/AN/AN/A0%
Others2.10.90.20.4-42.5%
Total68.526.711.218.9-34.9%

Top Suppliers of Quartzite to Angola in 2022:

  1. China (14.2 tons)
  2. South Africa (4.8 tons)
  3. Brazil (3.3 tons)
  4. Italy (0.3 tons)
  5. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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