Angola: Organic Pigments Market 2024

Organic Pigments Market Size in Angola

The Angolan organic pigments market fell to $X in 2022, dropping 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). In general, consumption recorded a abrupt decrease. Organic pigments consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Organic Pigments Exports

Exports from Angola

Organic pigments exports from Angola reduced to X tons in 2022, declining by X% on the previous year. In general, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, organic pigments exports soared to $X in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X tons) was the main destination for organic pigments exports from Angola, with a X% share of total exports. It was followed by Democratic Republic of the Congo (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Mozambique (X% per year).

In value terms, Namibia ($X) remains the key foreign market for synthetic organic coloring matter and pigments exports from Angola, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the average organic pigments export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into Angola

In 2022, the amount of synthetic organic coloring matter and pigments imported into Angola dropped to X tons, which is down by X% compared with 2021. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, organic pigments imports shrank to $X in 2022. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), Portugal (X tons) and China (X tons) were the main suppliers of organic pigments imports to Angola, together accounting for X% of total imports. India, the United Arab Emirates, Italy, Lebanon, the UK and South Korea lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest organic pigments suppliers to Angola were South Africa ($X), Portugal ($X) and China ($X), with a combined X% share of total imports. India, Lebanon, Italy, the United Arab Emirates, the UK and South Korea lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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