Angola - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Angola - 2022
Contents:
- Polystyrene Price in Angola (CIF) - 2022
- Polystyrene Price in Angola (FOB) - 2022
- Polystyrene Imports in Angola
- Polystyrene Exports in Angola
Polystyrene Price in Angola (CIF) - 2022
The average polystyrene import price stood at $2,138 per ton in 2022, shrinking by -4.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 40% against the previous year. The import price peaked at $2,818 per ton in 2014; however, from 2015 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 Italy ($4,585 per ton), while the price for South Korea ($1,191 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 Arab Emirates (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Price in Angola (FOB) - 2022
In 2021, the average polystyrene export price amounted to $684 per ton, dropping by -19.7% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -10.4%. Over the period under review, the average export prices hit record highs at $1,475 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ghana ($769 per ton), while the average price for exports to Belgium totaled $149 per ton.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Imports in Angola
In 2022, the amount of polystyrene imported into Angola contracted markedly to 259 tons, dropping by -29.1% against 2021. In general, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year.
In value terms, polystyrene imports contracted markedly to $555K in 2022. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 188% against the previous year.
Import of Polystyrene in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 76.6 | 139 | 173 | 139 | 22.0% |
Belgium | 182 | 61.3 | 109 | 86.7 | -21.9% |
Portugal | 74.6 | 18.2 | 176 | 81.6 | 3.0% |
Italy | 42.9 | 17.7 | 41.5 | 29.5 | -11.7% |
Netherlands | N/A | N/A | N/A | 21.1 | 0% |
United Arab Emirates | 20.2 | 6.3 | 9.5 | 11.1 | -18.1% |
South Korea | 10.0 | 2.1 | 9.7 | 7.1 | -10.8% |
Taiwan (Chinese) | 283 | N/A | N/A | N/A | 0% |
Saudi Arabia | 28.7 | N/A | N/A | N/A | 0% |
Turkey | 35.6 | N/A | N/A | N/A | 0% |
Others | 232 | 41.0 | 304 | 178 | -8.5% |
Total | 986 | 286 | 823 | 555 | -17.4% |
Top Suppliers of Polystyrene to Angola in 2022:
- China (106.7 tons)
- Belgium (51.9 tons)
- Portugal (23.3 tons)
- Netherlands (9.3 tons)
- Italy (6.4 tons)
- South Korea (6.0 tons)
- United Arab Emirates (4.7 tons)
Polystyrene Exports in Angola
In 2021, approx. 2.7 tons of polystyrene were exported from Angola; increasing by 39% compared with the previous year. Overall, total exports indicated significant growth from 2020 to 2021: its volume increased at an average annual rate of +38.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene exports expanded sharply to $1.8K in 2021. The total export value increased at an average annual rate of +11.2% from 2020 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Polystyrene in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Ghana | N/A | 1.8 | 0% | ||
Belgium | N/A | 0.1 | 0% | ||
Malaysia | 1.6 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 1.6 | 1.8 | 12.5% |
Top Export Markets for Polystyrene from Angola in 2022:
- Ghana (2.3 tons)
- Belgium (0.4 tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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