Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola - 2022

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola (CIF) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $4,660 per ton, dropping by -31.2% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tents of textile materials other than cotton or synthetic fibreses increased by +26.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 84%. As a result, import price reached the peak level of $6,778 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($16,411 per ton), while the price for Hong Kong SAR ($1,561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $6,711 per ton, with an increase of 43% against the previous year. Over the period under review, the export price, however, saw a mild setback. The export price peaked at $9,222 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($17,000 per ton), while the average price for exports to Democratic Republic of the Congo ($1,301 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola

Imports of tents of textile materials other than cotton or synthetic fibreses into Angola skyrocketed to 183 tons in 2022, jumping by 103% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 432% against the previous year. As a result, imports reached the peak of 380 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses soared to $851K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 218%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Angola in 2022:

1. China (92.3 tons)
2. Namibia (39.1 tons)
3. United Arab Emirates (16.1 tons)
4. South Africa (10.3 tons)
5. Pakistan (8.3 tons)
6. Ghana (4.3 tons)
7. Czech Republic (3.3 tons)
8. Portugal (1.9 tons)
9. Hong Kong SAR (0.1 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Angola

In 2022, after three years of growth, there was significant decline in overseas shipments of tents of textile materials other than cotton or synthetic fibreses, when their volume decreased by -58.9% to 443 kg. In general, exports faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of 1.1 tons, and then shrank notably in the following year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses reduced remarkably to $3K in 2022. Overall, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 3% against the previous year.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Angola in 2022:

1. Democratic Republic of the Congo (173.0 kg)
2. Portugal (83.0 kg)
3. South Africa (27.0 kg)
4. Cuba (25.0 kg)
5. Belgium (25.0 kg)
6. Ghana (23.0 kg)
7. United States (21.0 kg)
8. Sao Tome and Principe (7.0 kg)

Source: IndexBox Market Intelligence Platform