Nitrites; Nitrates Price in Angola - 2022

Contents:

1. Nitrites; Nitrates Price in Angola (CIF) - 2022
2. Nitrites; Nitrates Imports in Angola

Nitrites; Nitrates Price in Angola (CIF) - 2022

In 2022, the average nitrites; nitrates import price amounted to $725 per ton, stabilizing at the previous year. Over the period under review, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 48%. The import price peaked at $1,084 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,010 per ton), while the price for China ($431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrites; Nitrates Imports in Angola

Nitrites; nitrates imports into Angola contracted rapidly to 929 tons in 2022, reducing by -30.3% on 2021. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. As a result, imports reached the peak of 1.3K tons, and then contracted remarkably in the following year.

In value terms, nitrites; nitrates imports shrank significantly to $673K in 2022. Overall, imports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports attained the peak of $958K, and then dropped notably in the following year.

Top Suppliers of Nitrites; Nitrates to Angola in 2022:

1. China (355.7 tons)
2. Portugal (230.9 tons)
3. Netherlands (38.6 tons)
4. Turkey (25.9 tons)

Source: IndexBox Market Intelligence Platform