Angola: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Angola

In 2022, the Angolan high-tenacity filament nylon yarn market decreased by X% to $X, falling for the second year in a row after three years of decline. In general, consumption, however, saw a precipitous curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Angola

In value terms, high-tenacity filament nylon yarn production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Angola

High-tenacity filament nylon yarn exports from Angola surged to X tons in 2022, growing by X% against the previous year. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for high-tenacity filament nylon yarn exports from Angola, accounting for a approx. X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at X%.

In value terms, Democratic Republic of the Congo ($X) also remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Angola.

From 2016 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled X%.

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2016 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to X% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Angola

In 2022, supplies from abroad of high-tenacity filament yarn of nylon or other polyamides increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of high-tenacity filament nylon yarn to Angola, accounting for a X% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Portugal (X% per year).

In value terms, the largest high-tenacity filament nylon yarn suppliers to Angola were India ($X), China ($X) and Portugal ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to 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 high-tenacity filament nylon yarn import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform