Price for Woven Fabrics of Artificial Staple Fibres in Angola - 2022

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Angola (CIF) - 2022
  2. Price for Woven Fabrics of Artificial Staple Fibres in Angola (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Angola
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Angola

Price for Woven Fabrics of Artificial Staple Fibres in Angola (CIF) - 2022

The average import price for woven fabrics of artificial staple fibres stood at $3.7 per square meter in 2022, remaining constant against the previous year. In general, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2014 an increase of 80% against the previous year. The import price peaked at $7.6 per square meter in 2018; however, from 2019 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 India ($37 per square meter), while the price for China ($1.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Artificial Staple Fibres in Angola (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $9.9 per square meter, with an increase of 56% against the previous year. In general, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by 374%. As a result, the export price attained the peak level of $21 per square meter. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($9.9 per square meter), while the average price for exports to Sao Tome and Principe amounted to $9.9 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+13.3%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Artificial Staple Fibres in Angola

In 2022, purchases abroad of woven fabrics of artificial staple fibres decreased by -48.2% to 82K square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,018%. As a result, imports attained the peak of 158K square meters, and then dropped rapidly in the following year.

In value terms, imports of woven fabrics of artificial staple fibres fell markedly to $302K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 3,304%. As a result, imports reached the peak of $587K, and then declined rapidly in the following year.

Import of Woven Fabrics of Artificial Staple Fibres in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.93.1242101195.9%
Spain3.74.317678.5176.8%
Portugal4.33.330.338.8108.2%
CongoN/AN/A47.7N/A0%
Others17.96.591.583.967.4%
Total29.817.2587302116.4%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Angola in 2022:

  1. China (51.8K square meters)
  2. Spain (23.7K square meters)
  3. Portugal (2.3K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Angola

In 2022, approx. 28 square meters of woven fabrics of artificial staple fibres were exported from Angola; waning by -31.7% against the year before. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. The exports peaked at 42 square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of artificial staple fibres amounted to $277 in 2022. Overall, exports continue to indicate a abrupt decline. Over the period under review, the exports of hit record highs at $369 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Woven Fabrics of Artificial Staple Fibres in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3424.0220245-10.5%
Sao Tome and Principe27.01.039.032.05.8%
PanamaN/A282N/AN/A0%
OthersN/A8.0N/AN/A0%
Total369295259277-9.1%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Angola in 2022:

  1. Portugal (25.0 square meters)
  2. Sao Tome and Principe (3.0 square meters)

Source: IndexBox Market Intelligence Platform

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