Angola: Plastic Bottle Market 2024

Plastic Bottle Market Size in Angola

The Angolan plastic bottle market shrank to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, saw a abrupt decrease. Plastic bottle consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Plastic Bottle Production in Angola

In value terms, plastic bottle production reached $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Bottle Exports

Exports from Angola

In 2022, after two years of growth, there was significant decline in shipments abroad of carboys, bottles and similar articles of plastics, when their volume decreased by X% to X tons. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted sharply in the following year.

In value terms, plastic bottle exports reduced notably to $X in 2022. Over the period under review, exports, however, recorded notable growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for plastic bottle exports from Angola, accounting for a X% share of total exports. Moreover, plastic bottle exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Italy (X kg), fourfold. The third position in this ranking was taken by South Africa (X kg), with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and South Africa (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and South Africa (X% per year).

Export Prices by Country

The average plastic bottle export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a significant curtailment. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Lebanon ($X 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 Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Bottle Imports

Imports into Angola

For the fourth year in a row, Angola recorded decline in supplies from abroad of carboys, bottles and similar articles of plastics, which decreased by X% to X tons in 2022. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, plastic bottle imports soared to $X in 2022. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), India (X tons) and Turkey (X tons) were the main suppliers of plastic bottle imports to Angola, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Portugal ($X) and Turkey ($X) appeared to be the largest plastic bottle suppliers to Angola, together comprising X% of total imports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic bottle import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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