Price for Chain; Articulated Link, Roller, of Iron or Steel in Angola - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Angola (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Angola (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Angola
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Angola

Price for Chain; Articulated Link, Roller, of Iron or Steel in Angola (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $2,337 per ton, jumping by 47% against the previous year. In general, the import price, however, saw a pronounced contraction. Over the period under review, average import prices hit record highs at $4,838 per ton in 2016; however, from 2017 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 ($7,622 per ton), while the price for China ($810 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 (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Angola (FOB) - 2022

In 2021, the average export price for chain; articulated link, roller, of iron or steel amounted to $4,502 per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2019 an increase of 17,358%. As a result, the export price attained the peak level of $431,000 per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2015 to 2021, the rate of growth in terms of prices for Norway amounted to +234.2% per year.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Angola

For the fourth consecutive year, Angola recorded growth in purchases abroad of chain; articulated link, roller, of iron or steel, which increased by 13% to 263 tons in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 97%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of chain; articulated link, roller, of iron or steel surged to $616K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Angola in 2022:

1. China (165.9 tons)
2. Portugal (59.0 tons)
3. Brazil (19.5 tons)
4. South Africa (7.5 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Angola

In 2021, exports of chain; articulated link, roller, of iron or steel from Angola was estimated at 277 kg, almost unchanged from the year before. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, exports of chain; articulated link, roller, of iron or steel amounted to $1.2K in 2021. Over the period under review, exports continue to indicate a mild slump. The smallest decline of 99.9% was in 2020.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Angola in 2022:

1. South Africa (277.0 kg)

Source: IndexBox Market Intelligence Platform