Price for Cotton; Garnetted Stock Waste in Angola - 2022
Contents:
- Price for Cotton; Garnetted Stock Waste in Angola (CIF) - 2022
- Imports of Cotton; Garnetted Stock Waste in Angola
Price for Cotton; Garnetted Stock Waste in Angola (CIF) - 2022
In 2022, the average cotton; garnetted stock waste import price amounted to $5,652 per ton, picking up by 21% against the previous year. Overall, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 115%. Over the period under review, average import prices attained the maximum at $5,724 per ton in 2020; afterwards, it flattened through to 2022.
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 United States ($17,142 per ton), while the price for Portugal ($2,961 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton; Garnetted Stock Waste in Angola
In 2022, the amount of cotton; garnetted stock waste imported into Angola surged to 390 kg, picking up by 16% compared with 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 104%. As a result, imports reached the peak of 496 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cotton; garnetted stock waste imports surged to $2.2K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 171%. As a result, imports reached the peak of $2.8K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cotton; Garnetted Stock Waste in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 167 | 401 | 529 | 773 | 66.7% |
| South Africa | 153 | 603 | 251 | 367 | 33.9% |
| China | 300 | 707 | 260 | 337 | 4.0% |
| United Kingdom | 111 | 247 | 192 | 281 | 36.3% |
| United States | 180 | 471 | 193 | 279 | 15.7% |
| Norway | 43.0 | 305 | 97.0 | 100 | 32.5% |
| Brazil | 42.0 | 103 | 46.0 | 67.0 | 16.8% |
| Others | 51.0 | 1.0 | 1.0 | N/A | -86.0% |
| Total | 1,047 | 2,838 | 1,569 | 2,204 | 28.2% |
Top Suppliers of Cotton; Garnetted Stock Waste to Angola in 2022:
- Portugal (261.0 kg)
- United Kingdom (40.0 kg)
- South Africa (29.0 kg)
- China (25.0 kg)
- United States (16.0 kg)
- Brazil (12.0 kg)
- Norway (6.0 kg)
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