Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola - 2022
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (CIF) - 2022
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (FOB) - 2022
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (CIF) - 2022
The average import price for lac; natural gums, resins, gum-resins and balsamses stood at $2,046 per ton in 2022, reducing by -13.3% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $5,880 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($3,962 per ton), while the price for China ($1,201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (FOB) - 2022
The average export price for lac; natural gums, resins, gum-resins and balsamses stood at $26,750 per ton in 2022, leveling off at the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 231%. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola
In 2022, approx. 83 tons of lac; natural gums, resins, gum-resins and balsamses were imported into Angola; increasing by 250% against the year before. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses skyrocketed to $169K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 59.4 | 0% |
| China | 20.4 | 6.7 | 10.7 | 58.1 | 41.7% |
| Portugal | 54.7 | 16.9 | 20.9 | 40.7 | -9.4% |
| Vietnam | 0.4 | 0.3 | 0.3 | N/A | -13.4% |
| Others | 11.2 | 11.6 | 23.7 | 10.7 | -1.5% |
| Total | 86.8 | 35.5 | 55.6 | 169 | 24.9% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Angola in 2022:
- China (48.3 tons)
- Portugal (17.9 tons)
- Indonesia (15.0 tons)
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola
In 2022, the amount of lac; natural gums, resins, gum-resins and balsamses exported from Angola totaled 4 kg, flattening at 2021 figures. Over the period under review, exports saw a dramatic downturn. The smallest decline of -99.9% was in 2020.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses amounted to $107 in 2022. In general, exports recorded a sharp descent. The smallest decline of -99.8% was in 2020.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Yemen | 9.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.5 | N/A | N/A | 0.1 | -78.1% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Angola in 2022:
- Netherlands (4.0 kg)
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