Price for Slide Fasteners and Parts Thereof in Angola - 2022

Price for Slide Fasteners and Parts Thereof in Angola (CIF) - 2022

The average import price for slide fasteners and parts thereoves stood at $0.2 per unit in 2022, surging by 13% against the previous year. In general, the import price recorded a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 127% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($2.5 per unit), while the price for the UK ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Angola (FOB) - 2022

The average export price for slide fasteners and parts thereoves stood at $0.2 per unit in 2021, stabilizing at the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2015 a decrease of -2.6%. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2014 to 2021, the rate of growth in terms of prices for Namibia amounted to -5.8% per year.

Imports of Slide Fasteners and Parts Thereof in Angola

In 2022, slide fasteners and parts thereof imports into Angola contracted markedly to 320K units, declining by -44.8% compared with the previous year's figure. Over the period under review, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 234%. Over the period under review, imports hit record highs at 2.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports contracted significantly to $70K in 2022. Overall, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 306%. Imports peaked at $146K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Slide Fasteners and Parts Thereof in Angola (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	37.5	3.4	33.7	29.0	-8.2%
Portugal	20.3	9.8	49.3	12.0	-16.1%
United Arab Emirates	19.6	1.1	3.7	3.3	-44.8%
United Kingdom	3.2	0.6	1.1	0.9	-34.5%
Others	65.5	13.0	25.2	25.2	-27.3%
Total	146	27.8	113	70.4	-21.6%

Top Suppliers of Slide Fasteners and Parts Thereof to Angola in 2022:

China (267.7K units)
United Arab Emirates (23.5K units)
United Kingdom (10.4K units)
Portugal (4.9K units)

Exports of Slide Fasteners and Parts Thereof in Angola

In 2021, the amount of slide fasteners and parts thereoves exported from Angola was estimated at 500 units, approximately equating the previous year. Overall, exports saw a abrupt setback. The smallest decline of 99.9% was in 2020. The exports peaked at 775 units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof exports amounted to $107 in 2021. Over the period under review, exports continue to indicate a deep contraction. The smallest decline of 99.9% was in 2020. The exports peaked at $145 in 2019; however, from 2020 to 2021, the exports failed to regain momentum.