Price for Wool, Not Carded or Combed in Angola - 2022

Contents:

  1. Price for Wool, Not Carded or Combed in Angola (CIF) - 2022
  2. Imports of Wool, Not Carded or Combed in Angola

Price for Wool, Not Carded or Combed in Angola (CIF) - 2022

The average import price for wool, not carded or combed stood at $8,819 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 99.9% against the previous year. Over the period under review, average import prices reached the peak figure at $11,258 per ton in 2020; however, from 2021 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 Namibia ($50,162 per ton), while the price for China ($748 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Wool, Not Carded or Combed in Angola

In 2022, the amount of wool, not carded or combed imported into Angola reduced to 281 kg, waning by -3.4% on 2021. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 37%. As a result, imports reached the peak of 291 kg, and then contracted modestly in the following year.

In value terms, wool, not carded or combed imports reduced to $2.5K in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 6.7%.

Import of Wool, Not Carded or Combed in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia3162,0581,9311,85680.4%
France1,089148331318-33.7%
China359136147163-23.1%
Portugal39132.0132127-31.3%
South Africa92.024.018.014.0-46.6%
OthersN/AN/AN/AN/A0%
Total2,2472,3982,5592,4783.3%

Top Suppliers of Wool, Not Carded or Combed to Angola in 2022:

  1. China (218.0 kg)
  2. Namibia (37.0 kg)
  3. South Africa (14.0 kg)
  4. Portugal (9.0 kg)
  5. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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