Price for Agriculture or Forestry Hand Tools in Angola - 2022
Contents:
- Price for Agriculture or Forestry Hand Tools in Angola (CIF) - 2022
- Price for Agriculture or Forestry Hand Tools in Angola (FOB) - 2022
- Imports of Agriculture or Forestry Hand Tools in Angola
- Exports of Agriculture or Forestry Hand Tools in Angola
Price for Agriculture or Forestry Hand Tools in Angola (CIF) - 2022
In December 2022, the average import price for agriculture or forestry hand toolses amounted to $1,223 per ton, falling by -33.4% against the previous month. Over the period under review, the import price recorded a noticeable descent. The growth pace was the most rapid in November 2022 an increase of 69% month-to-month. Over the period under review, average import prices hit record highs at $2,539 per ton in May 2022; however, from June 2022 to December 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -1.8% per month.
Price for Agriculture or Forestry Hand Tools in Angola (FOB) - 2022
The average export price for agriculture or forestry hand toolses stood at $1,229 per ton in 2022, increasing by 24% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $5,367 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 ($2,455 per ton), while the average price for exports to Mozambique ($593 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 Sao Tome and Principe (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Angola
In 2022, approx. 2.6K tons of agriculture or forestry hand toolses were imported into Angola; reducing by -11.7% on the previous year's figure. Over the period under review, imports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.
In value terms, agriculture or forestry hand tools imports reduced dramatically to $4.4M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $5.2M, and then shrank significantly in the following year.
| Import of Agriculture or Forestry Hand Tools in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 2.4 | 3.7 | 3.3 | -8.4% |
| Portugal | 0.6 | 0.6 | 0.5 | 0.5 | -5.9% |
| Brazil | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | 0.7 | 0.2 | 26.0% |
| Total | 5.2 | 3.5 | 5.2 | 4.4 | -5.4% |
Top Suppliers of Agriculture or Forestry Hand Tools to Angola in 2022:
- China (2277.6 tons)
- United Arab Emirates (133.0 tons)
- Portugal (111.5 tons)
- Brazil (76.0 tons)
Exports of Agriculture or Forestry Hand Tools in Angola
After two years of decline, overseas shipments of agriculture or forestry hand toolses increased by 86% to 2.1 tons in 2022. Over the period under review, exports, however, recorded a sharp decline.
In value terms, agriculture or forestry hand tools exports surged to $2.6K in 2022. In general, exports, however, showed a significant contraction.
| Export of Agriculture or Forestry Hand Tools in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 4.0 | 37.0 | 44.0 | 1,142 | 558.5% |
| Democratic Republic of the Congo | 2,294 | 1,362 | 105 | 522 | -38.9% |
| Congo | 1,773 | 1,017 | 120 | 406 | -38.8% |
| Mozambique | 66.0 | 746 | 479 | 257 | 57.3% |
| Portugal | 611 | 83.0 | 40.0 | 110 | -43.5% |
| United States | 127 | 114 | 37.0 | 39.0 | -32.5% |
| Belgium | 16.0 | 37.0 | 69.0 | 37.0 | 32.2% |
| Nigeria | N/A | 439 | N/A | N/A | 0% |
| Guinea | 158 | N/A | N/A | N/A | 0% |
| Others | 88.0 | 175 | 217 | 47.0 | -18.9% |
| Total | 5,137 | 4,010 | 1,111 | 2,560 | -20.7% |
Top Export Markets for Agriculture or Forestry Hand Tools from Angola in 2022:
- South Africa (664.0 kg)
- Democratic Republic of the Congo (661.0 kg)
- Mozambique (433.0 kg)
- Congo (166.0 kg)
- Portugal (54.0 kg)
- Belgium (51.0 kg)
- United States (34.0 kg)
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