Carbonates; Potassium Carbonate Price in Angola - 2022

Contents:

  1. Carbonates; Potassium Carbonate Price in Angola (CIF) - 2022
  2. Carbonates; Potassium Carbonate Imports in Angola

Carbonates; Potassium Carbonate Price in Angola (CIF) - 2022

In 2022, the average carbonates; potassium carbonate import price amounted to $2,443 per ton, with an increase of 55% against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 113% against the previous year. As a result, import price attained the peak level of $2,735 per ton. From 2021 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 the UK ($22,916 per ton), while the price for China ($263 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 States (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Carbonates; Potassium Carbonate Imports in Angola

In 2022, overseas purchases of carbonates; potassium carbonates decreased by -11.8% to 1 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 350%. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, carbonates; potassium carbonate imports skyrocketed to $2.6K in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 860% against the previous year. As a result, imports attained the peak of $3.2K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Carbonates; Potassium Carbonate in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1041,29575554673.8%
United Kingdom62.071338327764.7%
China52.084.024414841.7%
Belgium46.042818410732.5%
United Arab Emirates5.098.012777.0148.8%
United States23.017864.031.010.5%
Portugal26.032430.019.0-9.9%
Lebanon12.040.02.014.05.3%
Others8.085.073.01,335450.6%
Total3383,2451,8622,55496.2%

Top Suppliers of Carbonates; Potassium Carbonate to Angola in 2022:

  1. China (562.0 kg)
  2. Spain (34.0 kg)
  3. United Arab Emirates (31.0 kg)
  4. Lebanon (14.0 kg)
  5. United Kingdom (12.0 kg)
  6. United States (8.0 kg)
  7. Portugal (7.0 kg)
  8. Belgium (5.0 kg)

Source: IndexBox Market Intelligence Platform

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