Life-Jackets and Life-Belts Price in Angola - 2022
Contents:
- Life-Jackets and Life-Belts Price in Angola (CIF) - 2022
- Life-Jackets and Life-Belts Price in Angola (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Angola
- Life-Jackets and Life-Belts Exports in Angola
Life-Jackets and Life-Belts Price in Angola (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $28,633 per ton, falling by -19.9% against the previous year. In general, the import price, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $35,754 per ton, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($101,796 per ton), while the price for China ($12,318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Angola (FOB) - 2022
The average life-jackets and life-belts export price stood at $72,588 per ton in 2022, rising by 75% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($888,556 per ton), while the average price for exports to Norway ($4,145 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 Norway (-21.9%).
Life-Jackets and Life-Belts Imports in Angola
Life-jackets and life-belts imports into Angola fell modestly to 36 tons in 2022, waning by -3.7% against 2021 figures. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of 37 tons, and then contracted in the following year.
In value terms, life-jackets and life-belts imports dropped dramatically to $1M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, imports attained the peak of $1.3M, and then plummeted in the following year.
| Import of Life-Jackets and Life-Belts in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 111 | 96.3 | 228 | 177 | 16.8% |
| China | 55.2 | 50.6 | 85.3 | 164 | 43.8% |
| France | 63.4 | 69.6 | 268 | 110 | 20.2% |
| United Kingdom | 39.1 | 177 | 29.6 | 101 | 37.2% |
| South Africa | 26.7 | 13.9 | 17.7 | 71.3 | 38.7% |
| Brazil | 1.1 | 0.9 | 0.5 | 27.3 | 191.7% |
| Italy | 30.1 | 3.4 | 6.4 | 14.4 | -21.8% |
| United States | 39.8 | 7.7 | 8.7 | 7.1 | -43.7% |
| Others | 463 | 303 | 687 | 355 | -8.5% |
| Total | 829 | 722 | 1,331 | 1,027 | 7.4% |
Top Suppliers of Life-Jackets and Life-Belts to Angola in 2022:
- China (13.3 tons)
- Portugal (5.7 tons)
- South Africa (4.3 tons)
- United Kingdom (1.4 tons)
- Brazil (1.2 tons)
- France (1.1 tons)
- Italy (0.7 tons)
- United States (0.2 tons)
Life-Jackets and Life-Belts Exports in Angola
In 2022, after three years of growth, there was significant decline in overseas shipments of life-jackets and life-beltses, when their volume decreased by -63.3% to 260 kg. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 462% against the previous year. As a result, the exports reached the peak of 708 kg, and then fell significantly in the following year.
In value terms, life-jackets and life-belts exports reduced remarkably to $19K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 251%. As a result, the exports attained the peak of $29K, and then reduced notably in the following year.
| Export of Life-Jackets and Life-Belts in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 8.0 | 0% |
| Netherlands | 1.5 | 4.2 | 14.7 | 1.3 | -4.7% |
| Norway | N/A | N/A | N/A | 0.3 | 0% |
| South Africa | 2.4 | N/A | N/A | 0.1 | -65.3% |
| Rwanda | N/A | N/A | N/A | N/A | 0% |
| Others | 1.5 | 4.2 | 14.7 | 9.3 | 83.7% |
| Total | 5.4 | 8.4 | 29.4 | 18.9 | 51.8% |
Top Export Markets for Life-Jackets and Life-Belts from Angola in 2022:
- Norway (76.0 kg)
- Netherlands (18.0 kg)
- Germany (9.0 kg)
- South Africa (1.0 kg)
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