Price for New Pneumatic Tyres, of Rubber in Angola - 2021
Contents:
- Price for New Pneumatic Tyres, of Rubber in Angola (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Angola (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Angola
- Exports of New Pneumatic Tyres, of Rubber in Angola
Price for New Pneumatic Tyres, of Rubber in Angola (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $95 per unit in 2022, approximately reflecting the previous year. Overall, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19% against the previous year. The import price peaked at $137 per unit 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 Portugal ($107 per unit), while the price for the United Arab Emirates ($54 per unit) 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 (+7.4%), while the prices for the other major suppliers experienced a decline.
Price for New Pneumatic Tyres, of Rubber in Angola (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $109 per unit, surging by 1.9% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 177%. As a result, the export price reached the peak level of $188 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($117 per unit), while the average price for exports to Cuba ($33 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Angola
In 2022, purchases abroad of new pneumatic tyres, of rubbers was finally on the rise to reach 753K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction. Over the period under review, imports reached the maximum at 1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, new pneumatic tyres, of rubber imports amounted to $72M in 2022. In general, imports, however, showed a drastic downturn. Imports peaked at $97M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of New Pneumatic Tyres, of Rubber in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.9 | 49.3 | 47.2 | 54.8 | -7.8% |
| Portugal | 6.6 | 5.4 | 6.2 | 4.5 | -12.0% |
| South Africa | 3.6 | 2.2 | 2.8 | 2.6 | -10.3% |
| United Arab Emirates | 2.2 | 0.7 | 0.5 | 0.6 | -35.2% |
| Others | 14.6 | 14.7 | 14.0 | 8.9 | -15.2% |
| Total | 96.9 | 72.3 | 70.8 | 71.5 | -9.6% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Angola in 2022:
- China (588.0K units)
- Portugal (42.4K units)
- South Africa (32.0K units)
- United Arab Emirates (11.8K units)
Exports of New Pneumatic Tyres, of Rubber in Angola
In 2022, exports of new pneumatic tyres, of rubbers from Angola skyrocketed to 1.8K units, increasing by 42% against the previous year. Overall, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.1% against 2020 indices. Over the period under review, the exports reached the peak figure at 2.3K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, new pneumatic tyres, of rubber exports soared to $200K in 2022. In general, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.6% against 2020 indices. The exports peaked at $262K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of New Pneumatic Tyres, of Rubber in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 85.0 | 196 | 58.7 | 114 | 10.3% |
| Ghana | 10.3 | 12.6 | 9.8 | 15.8 | 15.3% |
| Mozambique | 34.9 | 12.5 | 9.7 | 15.2 | -24.2% |
| Congo | 0.7 | 1.3 | 10.3 | 14.2 | 172.7% |
| Sao Tome and Principe | 2.6 | 2.1 | 3.9 | 5.3 | 26.8% |
| Nigeria | 4.4 | 4.4 | 2.8 | 3.6 | -6.5% |
| Cuba | 3.8 | 2.0 | 1.5 | 2.5 | -13.0% |
| Hong Kong SAR | N/A | N/A | 24.0 | N/A | 0% |
| Others | 40.7 | 31.3 | 17.7 | 30.0 | -9.7% |
| Total | 182 | 262 | 139 | 200 | 3.2% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Angola in 2022:
- Democratic Republic of the Congo (1159.0 units)
- Ghana (142.0 units)
- Mozambique (130.0 units)
- Congo (123.0 units)
- Cuba (76.0 units)
- Sao Tome and Principe (56.0 units)
- Nigeria (33.0 units)
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