Angola - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Angola - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights

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Metal Crown Cork Price in Angola - 2022

Contents:

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

Metal Crown Cork Price in Angola (CIF) - 2022

In 2022, the average metal crown cork import price amounted to $5.2 per thousand units, shrinking by -2.9% against the previous year. Overall, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 42%. The import price peaked at $7.5 per thousand units in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 South Africa ($15 per thousand units), while the price for Tunisia ($2 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Crown Cork Price in Angola (FOB) - 2022

In 2022, the average metal crown cork export price amounted to $6.9 per thousand units, with a decrease of -35.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 65% against the previous year. The export price peaked at $14 per thousand units in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($13 per thousand units), while the average price for exports to Congo stood at $4.7 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+11.5%).

Metal Crown Cork Imports in Angola

Metal crown cork imports into Angola dropped to 294M units in 2022, falling by -9.7% against the year before. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at 349M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal crown cork imports dropped to $1.5M in 2022. In general, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of $1.8M, and then dropped in the following year.

Import of Metal Crown Cork in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil8706991,1521,22412.1%
Belgium71.554.685.586.26.4%
South Africa13381.810484.4-14.1%
Italy14979.681.444.4-33.2%
Tunisia32.120.025.521.0-13.2%
Spain66.683.771.019.8-33.3%
Democratic Republic of the Congo5.26.08.37.412.5%
France10135.024.95.9-61.2%
Portugal2162321443.3-75.2%
Others97.429.757.241.0-25.1%
Total1,7421,3211,7531,537-4.1%

Top Suppliers of Metal Crown Cork to Angola in 2022:

  1. Brazil (230.9M units)
  2. Belgium (17.3M units)
  3. Italy (11.8M units)
  4. Tunisia (10.6M units)
  5. Spain (7.4M units)
  6. South Africa (5.7M units)
  7. Democratic Republic of the Congo (2.1M units)
  8. France (1.8M units)
  9. Portugal (0.9M units)

Metal Crown Cork Exports in Angola

In 2022, exports of iron or steel crown corks from Angola soared to 6.1M units, with an increase of 51% compared with the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal crown cork exports reduced to $42K in 2022. In general, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 6.1%. The exports peaked at $57K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Metal Crown Cork in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo32.919.521.121.5-13.2%
Sao Tome and Principe23.814.521.319.2-6.9%
PanamaN/A6.0N/AN/A0%
Others0.30.40.40.944.2%
Total57.040.442.841.6-10.0%

Top Export Markets for Metal Crown Cork from Angola in 2022:

  1. Congo (4.5M units)
  2. Sao Tome and Principe (1.5M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal crown cork market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25921330 - Iron or steel crown corks

Country coverage:

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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