Price for Cutlery; Other than Plated with Precious Metal in Angola - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Angola (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Angola (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Angola
- Exports of Cutlery; Other than Plated with Precious Metal in Angola
Price for Cutlery; Other than Plated with Precious Metal in Angola (CIF) - 2022
In 2022, the average import price for cutlery; other than plated with precious metals amounted to $997 per ton, falling by -26.7% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 24%. The import price peaked at $2,482 per ton in 2012; however, from 2013 to 2022, 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 Portugal ($5,739 per ton), while the price for China amounted to $755 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.0%).
Price for Cutlery; Other than Plated with Precious Metal in Angola (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $973 per ton in 2022, with a decrease of -35.2% against the previous year. In general, the export price saw a sharp decline. The pace of growth appeared the most rapid in 2017 an increase of 132% against the previous year. Over the period under review, the average export prices hit record highs at $8,885 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,909 per ton), while the average price for exports to Italy ($220 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+99.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Angola
In 2022, the amount of cutlery; other than plated with precious metals imported into Angola soared to 1.6K tons, rising by 55% against the year before. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 105%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cutlery; other than plated with precious metals rose notably to $1.5M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 increased by +88.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Cutlery; Other than Plated with Precious Metal in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 856 | 642 | 1,053 | 1,092 | 8.5% |
| Portugal | 266 | 147 | 221 | 344 | 8.9% |
| Others | 110 | 34.7 | 92.0 | 113 | 0.9% |
| Total | 1,232 | 823 | 1,366 | 1,549 | 7.9% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Angola in 2022:
- China (1447.0 tons)
- Portugal (59.9 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Angola
Exports of cutlery; other than plated with precious metals from Angola reduced sharply to 973 kg in 2022, with a decrease of -60.5% compared with the previous year. Over the period under review, exports recorded a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 7.9%.
In value terms, exports of cutlery; other than plated with precious metals declined significantly to $947 in 2022. Overall, exports recorded a sharp shrinkage. The smallest decline of -51.2% was in 2021.
| Export of Cutlery; Other than Plated with Precious Metal in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.7 | 0.6 | 1.4 | 0.3 | -24.6% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Democratic Republic of the Congo | N/A | N/A | 0.1 | 0.1 | 0.0% |
| South Korea | N/A | N/A | N/A | 0.1 | 0% |
| Mexico | N/A | N/A | N/A | N/A | 0% |
| Cuba | 77.8 | 3.3 | N/A | N/A | -95.8% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 3.7 | 2.3 | 0.3 | -35.2% |
| Total | 79.6 | 7.6 | 3.7 | 0.9 | -77.6% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Angola in 2022:
- Portugal (363.0 kg)
- South Korea (165.0 kg)
- United States (144.0 kg)
- Democratic Republic of the Congo (102.0 kg)
- Mexico (60.0 kg)
- Cuba (58.0 kg)
- Italy (50.0 kg)
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