Price for Waste, Parings and Scrap, of Plastics in Angola - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Angola (CIF) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Angola (FOB) - 2022
3. Imports of Waste, Parings and Scrap, of Plastics in Angola
4. Exports of Waste, Parings and Scrap, of Plastics in Angola

Price for Waste, Parings and Scrap, of Plastics in Angola (CIF) - 2022

The average import price for waste, parings and scrap, of plasticses stood at $903 per ton in 2022, waning by -38.5% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 221% against the previous year. As a result, import price reached the peak level of $4,908 per ton. From 2016 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 the United States ($6,902 per ton), while the price for China ($617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+34.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Waste, Parings and Scrap, of Plastics in Angola (FOB) - 2022

The average export price for waste, parings and scrap, of plasticses stood at $354 per ton in 2022, increasing by 41% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 180%. Over the period under review, the average export prices reached the maximum at $563 per ton in 2018; however, from 2019 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 Namibia ($1,136 per ton), while the average price for exports to Spain ($254 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 Namibia (+320.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Waste, Parings and Scrap, of Plastics in Angola

In 2022, purchases abroad of waste, parings and scrap, of plasticses decreased by -56.1% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 177%. As a result, imports attained the peak of 2.6K tons, and then reduced notably in the following year.

In value terms, imports of waste, parings and scrap, of plasticses fell significantly to $1M in 2022. Overall, imports, however, posted pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 124%. As a result, imports reached the peak of $3.9M, and then fell sharply in the following year.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Angola in 2022:

1. China (1048.7 tons)
2. Tunisia (34.2 tons)
3. Spain (30.8 tons)
4. United States (19.4 tons)
5. Thailand (18.1 tons)

Exports of Waste, Parings and Scrap, of Plastics in Angola

In 2022, approx. 212 tons of waste, parings and scrap, of plasticses were exported from Angola; with a decrease of -20% against 2021 figures. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 138%. As a result, the exports attained the peak of 265 tons, and then fell rapidly in the following year.

In value terms, exports of waste, parings and scrap, of plasticses amounted to $75K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 349%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Angola in 2022:

1. Spain (132.0 tons)
2. South Africa (60.0 tons)
3. Namibia (19.1 tons)

Source: IndexBox Market Intelligence Platform