
Angola - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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Angola: Linseed Oil Market 2022
Linseed Oil Market Size in Angola
The Angolan linseed oil market plummeted to $X in 2021, reducing by -X% 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 setback. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Linseed Oil Exports
Exports from Angola
After two years of decline, overseas shipments of linseed oil decreased by X% to less than X kg in 2021. In general, exports faced a dramatic shrinkage. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, linseed oil exports amounted to less than $X in 2021. Over the period under review, exports faced a precipitous decrease. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Democratic Republic of the Congo (X kg) was the main destination for linseed oil exports from Angola, accounting for a X% share of total exports. It was followed by Italy (X kg), with a X% share of total exports.
From 2012 to 2018, the average annual growth rate of volume to Democratic Republic of the Congo totaled -X%.
From 2012 to 2018, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at +X%.
Export Prices by Country
The average linseed oil export price stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a significant expansion. Over the period under review, the average export prices hit record highs in 2018 and is expected to retain growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Democratic Republic of the Congo stood at $X per ton.
From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+X%).
Linseed Oil Imports
Imports into Angola
Linseed oil imports into Angola reduced dramatically to X tons in 2021, waning by -X% against 2020 figures. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.
In value terms, linseed oil imports contracted notably to $X in 2021. Over the period under review, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Malaysia (X tons) was the main supplier of linseed oil to Angola, accounting for a approx. X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia totaled -X%.
In value terms, Malaysia ($X) constituted the largest supplier of linseed oil to Angola.
From 2012 to 2021, the average annual growth rate of value from Malaysia stood at -X%.
Import Prices by Country
The average linseed oil import price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then dropped modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Malaysia.
From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the linseed oil market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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