
Angola - Paint, Distemper, Varnish or Similar Brushes, Paint Pads and Rollers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Angola: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2022
Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Angola
In 2021, after two years of decline, there was growth in the Angolan market for paint, distemper, varnish or similar brushes, paint pads and rollers, when its value increased by 1.6% to $X. In general, consumption continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers
Exports from Angola
For the fifth year in a row, Angola recorded growth in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 24% to X units in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 164% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers totaled $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 182% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Namibia (X units), South Africa (X units) and Democratic Republic of the Congo (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Angola, with a combined 97% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +69.3%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from Angola were Namibia ($X), South Africa ($X) and Democratic Republic of the Congo ($X), with a combined 96% share of total exports.
South Africa, with a CAGR of +93.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, reducing by -19.3% against the previous year. In general, the export price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 59% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+119.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers
Imports into Angola
For the third year in a row, Angola recorded decline in supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which decreased by -3% to X units in 2021. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers rose to $X in 2021. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 20%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
China (X units), Portugal (X units) and Brazil (X units) were the main suppliers of imports of paint, distemper, varnish or similar brushes, paint pads and rollers to Angola, together accounting for 87% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of -10.3%), while imports for the other leaders experienced a decline.
In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to Angola were China ($X), Portugal ($X) and Brazil ($X), with a combined 87% share of total imports.
In terms of the main suppliers, China, with a CAGR of -9.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2021, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, picking up by 6.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2019 an increase of 13%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were South Africa ($X per unit) and Portugal ($X per unit), while the price for France ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller 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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