Price for Tools, Hand; Other than Household Tools in Angola - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Angola (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Angola (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Angola
  4. Exports of Tools, Hand; Other than Household Tools in Angola

Price for Tools, Hand; Other than Household Tools in Angola (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $2,117 per ton in 2022, falling by -4.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 86% against the previous year. As a result, import price attained the peak level of $3,753 per ton. From 2017 to 2022, the average 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 Germany ($5,629 per ton), while the price for China ($1,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Price for Tools, Hand; Other than Household Tools in Angola (FOB) - 2022

The average export price for tools, hand; other than household toolses stood at $6,675 per ton in 2022, waning by -24.8% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 48%. The export price peaked at $29,229 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 South Africa ($12,602 per ton), while the average price for exports to Australia ($533 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 South Africa (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Tools, Hand; Other than Household Tools in Angola

Imports of tools, hand; other than household toolses into Angola skyrocketed to 1.5K tons in 2022, growing by 33% compared with the previous year. Over the period under review, imports, however, continue to indicate a deep downturn.

In value terms, imports of tools, hand; other than household toolses surged to $3.2M in 2022. In general, imports, however, continue to indicate a drastic downturn.

Import of Tools, Hand; Other than Household Tools in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,842642657936-20.2%
Portugal667531483628-2.0%
United States28120720744816.8%
Germany61.741.998.723055.1%
United Kingdom1572323111641.5%
France19550.874.8132-12.2%
South Africa17842786.5103-16.7%
Others5082045805150.5%
Total3,8902,3362,4983,155-6.7%

Top Suppliers of Tools, Hand; Other than Household Tools to Angola in 2022:

  1. China (817.4 tons)
  2. Portugal (330.5 tons)
  3. United States (95.7 tons)
  4. United Kingdom (46.6 tons)
  5. Germany (40.8 tons)
  6. South Africa (38.0 tons)
  7. France (26.2 tons)

Exports of Tools, Hand; Other than Household Tools in Angola

In 2022, overseas shipments of tools, hand; other than household toolses decreased by -10.6% to 15 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 96% against the previous year. As a result, the exports reached the peak of 37 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tools, hand; other than household toolses reduced notably to $99K in 2022. Overall, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2020 when exports increased by 191% against the previous year. As a result, the exports attained the peak of $255K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tools, Hand; Other than Household Tools in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.3N/A0.115.4128.0%
South Africa0.15.910315.4436.0%
Netherlands4.80.3N/A14.644.9%
SenegalN/AN/A12.59.9-20.8%
Gabon38.4N/AN/A3.5-55.0%
United Kingdom1.81393.03.423.6%
GreeceN/AN/AN/A2.00%
United States7.43.07.81.8-37.6%
AustraliaN/A0.1N/A0.8182.8%
Portugal1.041.41.80.6-15.7%
SingaporeN/A52.5N/AN/A0%
Guinea0.3N/AN/AN/A0%
Others32.613.018.831.1-1.6%
Total87.725514798.64.0%

Top Export Markets for Tools, Hand; Other than Household Tools from Angola in 2022:

  1. Netherlands (3.2 tons)
  2. Senegal (2.3 tons)
  3. Australia (1.4 tons)
  4. Brazil (1.3 tons)
  5. South Africa (1.2 tons)
  6. Gabon (1.2 tons)
  7. Greece (1.0 tons)
  8. United Kingdom (0.7 tons)
  9. Portugal (0.4 tons)
  10. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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