Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Angola - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (CIF) - 2022
  2. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (FOB) - 2022
  3. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola
  4. Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (CIF) - 2022

The average import price for articles of precious metal or of metal clad with precious metal stood at $5,903 per ton in 2022, waning by -19.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $10,224 per ton. From 2019 to 2022, the average import prices remained at a 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 the UK ($10,057 per ton), while the price for Portugal ($3,093 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 States (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (FOB) - 2022

The average export price for articles of precious metal or of metal clad with precious metal stood at $10,083 per ton in 2021, jumping by 3,530% against the previous year. Overall, the export price, however, showed a deep reduction. Over the period under review, the average export prices reached the peak figure at $16,500 per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2015 to 2021, the rate of growth in terms of prices for Portugal amounted to +3,527.0% per year.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola

In 2022, imports of articles of precious metal or of metal clad with precious metal into Angola skyrocketed to 6.5 tons, growing by 230% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt descent.

In value terms, imports of articles of precious metal or of metal clad with precious metal soared to $39K in 2022. Overall, imports, however, continue to indicate a precipitous setback.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey16.64.87.426.116.3%
AustraliaN/AN/AN/A6.30%
Portugal24.60.10.53.0-50.4%
United States11.61.93.52.2-42.5%
NigeriaN/AN/AN/A0.40%
China27.01.70.50.1-84.5%
Others9.61.02.50.4-65.3%
Total89.59.414.538.6-24.4%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Angola in 2022:

  1. Turkey (4097.0 kg)
  2. Australia (991.0 kg)
  3. Portugal (974.0 kg)
  4. United States (301.0 kg)
  5. Nigeria (101.0 kg)
  6. China (20.0 kg)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola

In 2021, the amount of articles of precious metal or of metal clad with precious metal exported from Angola dropped dramatically to 12 kg, which is down by -77.8% against the previous year's figure. Overall, exports showed a precipitous shrinkage. The smallest decline of -26% was in 2020.

In value terms, exports of articles of precious metal or of metal clad with precious metal skyrocketed to $121 in 2021. In general, exports saw a dramatic contraction.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Angola (USD)
COUNTRY201920202021CAGR,
2019-2021
PortugalN/A15.0121706.7%
United Arab Emirates362N/AN/A0%
Brazil196N/AN/A0%
OthersN/AN/AN/A0%
Total55815.0121-53.4%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Angola in 2022:

  1. Portugal (12.0 kg)

Source: IndexBox Market Intelligence Platform

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