Angola: Filter Block Market 2023

Filter Block Market Size in Angola

The Angolan filter block market reduced sharply to $X in 2022, waning by -30.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decrease. Filter block consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Filter Block Exports

Exports from Angola

In 2019, the amount of filter blocks, slabs and plates of paper pulp exported from Angola totaled X kg, approximately reflecting the previous year. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 10,367% against the previous year. As a result, the exports reached the peak of X kg. From 2018 to 2019, the growth of the exports remained at a somewhat lower figure.

In value terms, filter block exports amounted to $X in 2019. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 40,980%. As a result, the exports reached the peak of $X. From 2018 to 2019, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for filter block exports from Angola, with a approx. 100% share of total exports.

From 2014 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2014 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2019, the average filter block export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price posted a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 292%. The export price peaked in 2019 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2014 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Filter Block Imports

Imports into Angola

Filter block imports into Angola declined rapidly to X tons in 2022, waning by -22.6% on 2021 figures. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, filter block imports contracted rapidly to $X in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 205% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest filter block supplier to Angola, accounting for a 62% share of total imports. Moreover, filter block imports from Portugal exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by the Netherlands (X kg), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.0% per year) and the Netherlands (+6.6% per year).

In value terms, the largest filter block suppliers to Angola were Portugal ($X), Germany ($X) and the Netherlands ($X), with a combined 78% share of total imports. France, South Africa, China, Belgium and the United Arab Emirates lagged somewhat behind, together comprising a further 7.7%.

Among the main suppliers, South Africa, with a CAGR of +34.6%, recorded the highest growth rate of the value of imports, 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 filter block import price amounted to $X per ton, reducing by -14.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 33%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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