Angola - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in Angola - 2022
Contents:
- Metal Wool Price in Angola (CIF) - 2022
- Metal Wool Price in Angola (FOB) - 2022
- Metal Wool Imports in Angola
- Metal Wool Exports in Angola
Metal Wool Price in Angola (CIF) - 2022
In 2022, the average metal wool import price amounted to $2,027 per ton, which is down by -32.9% against the previous year. Overall, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 80% against the previous year. Over the period under review, average import prices hit record highs at $3,327 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,535 per ton), while the price for China ($1,811 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Wool Price in Angola (FOB) - 2022
The average metal wool export price stood at $834 per ton in 2022, reducing by -2.2% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the average export price increased by 17%. The export price peaked at $7,162 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($2,174 per ton), while the average price for exports to Namibia ($574 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 Brazil (+3.6%), while the prices for the other major destinations experienced a decline.
Metal Wool Imports in Angola
In 2022, the amount of iron or steel wool imported into Angola skyrocketed to 421 tons, increasing by 60% compared with 2021. Over the period under review, imports, however, recorded a mild slump.
In value terms, metal wool imports rose rapidly to $854K in 2022. In general, imports, however, continue to indicate a noticeable contraction.
| Import of Metal Wool in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 475 | 423 | 390 | 671 | 12.2% |
| South Africa | 124 | 104 | 39.7 | 70.7 | -17.1% |
| Brazil | 55.3 | 62.5 | 85.2 | 30.7 | -17.8% |
| Portugal | 197 | 147 | 88.9 | 30.0 | -46.6% |
| Namibia | 19.8 | 29.8 | 41.0 | 10.5 | -19.1% |
| Others | 95.8 | 146 | 150 | 41.0 | -24.6% |
| Total | 966 | 912 | 795 | 854 | -4.0% |
Top Suppliers of Metal Wool to Angola in 2022:
- China (370.3 tons)
- South Africa (18.2 tons)
- Portugal (14.4 tons)
- Brazil (5.6 tons)
- Namibia (2.5 tons)
Metal Wool Exports in Angola
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or steel wool, when their volume decreased by -31.8% to 2.4 tons. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 316%. As a result, the exports reached the peak of 3.5 tons, and then reduced notably in the following year.
In value terms, metal wool exports fell sharply to $2K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 200%. As a result, the exports attained the peak of $3K, and then dropped significantly in the following year.
| Export of Metal Wool in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 62.0 | 233 | 1,839 | 1,074 | 158.7% |
| Portugal | 259 | 521 | 990 | 690 | 38.6% |
| Namibia | 133 | 127 | 66.0 | 120 | -3.4% |
| Congo | 98.0 | 112 | 81.0 | 100 | 0.7% |
| China | 164 | N/A | N/A | N/A | 0% |
| Others | 40.0 | N/A | N/A | N/A | 0% |
| Total | 756 | 993 | 2,976 | 1,984 | 37.9% |
Top Export Markets for Metal Wool from Angola in 2022:
- Brazil (1515.0 kg)
- Portugal (608.0 kg)
- Namibia (209.0 kg)
- Congo (46.0 kg)
This report provides an in-depth analysis of the metal wool 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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