Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Angola - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Angola (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Angola (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Angola
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Angola

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Angola (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $19,304 per ton in 2022, surging by 116% against the previous year. Overall, the import price continues to indicate a strong expansion. Over the period under review, average import prices hit record highs at $24,309 per ton in 2018; however, from 2019 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 the United States ($41,050 per ton), while the price for China ($3,913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Angola (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $11,036 per ton, which is down by -20.4% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2015 when the average export price increased by 144% against the previous year. Over the period under review, the average export prices hit record highs at $19,519 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Congo ($76,145 per ton), while the average price for exports to Gabon ($1,818 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 Congo (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Angola

In 2022, approx. 1.9K tons of tubing; flexible, with or without fittings, of base metals were imported into Angola; shrinking by -67.6% compared with 2021 figures. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 318%. As a result, imports reached the peak of 5.7K tons, and then dropped sharply in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals fell markedly to $36M in 2022. Overall, imports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2021 with an increase of 196% against the previous year. As a result, imports attained the peak of $51M, and then declined sharply in the following year.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Angola in 2022:

1. France (1603.3 tons)
2. China (100.8 tons)
3. Portugal (38.2 tons)
4. Brazil (12.3 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Angola

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from Angola skyrocketed to 68 tons, jumping by 234% compared with the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 685%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $747K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,197%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Angola in 2022:

1. United States (26.0 tons)
2. United Kingdom (25.1 tons)
3. France (10.9 tons)
4. Gabon (3.2 tons)

Source: IndexBox Market Intelligence Platform