Price for Mineral Substances Not Elsewhere Specified or Included in Angola - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Angola (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Angola (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Angola
- Exports of Mineral Substances Not Elsewhere Specified or Included in Angola
Price for Mineral Substances Not Elsewhere Specified or Included in Angola (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $738 per ton, falling by -37.7% against the previous year. Overall, the import price showed a perceptible contraction. The growth pace was the most rapid in 2014 an increase of 188% against the previous year. Over the period under review, average import prices attained the peak figure at $2,164 per ton in 2018; however, from 2019 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 the United States ($1,482 per ton), while the price for China ($400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+35.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mineral Substances Not Elsewhere Specified or Included in Angola (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $1,833 per ton in 2022, dropping by -55.9% against the previous year. In general, the export price continues to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2018 an increase of 284% against the previous year. Over the period under review, the average export prices hit record highs at $42,842 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,962 per ton), while the average price for exports to Brazil ($425 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+6.3%), while the prices for the other major destinations experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Angola
In 2022, approx. 254 tons of mineral substances not elsewhere specified or includeds were imported into Angola; with an increase of 764% against the previous year. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds soared to $187K in 2022. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 50.7 | 61.3 | 20.0 | 143 | 41.3% |
| India | 1.2 | 23.9 | 3.5 | 33.2 | 202.4% |
| United States | 18.8 | 36.6 | 10.3 | 9.3 | -20.9% |
| Spain | 63.4 | N/A | N/A | 0.1 | -88.4% |
| Others | 6.2 | 14.2 | 1.0 | 1.8 | -33.8% |
| Total | 140 | 136 | 34.8 | 187 | 10.1% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Angola in 2022:
- Portugal (166.2 tons)
- India (80.5 tons)
- United States (6.3 tons)
- Spain (0.1 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Angola
In 2022, shipments abroad of mineral substances not elsewhere specified or includeds decreased by -62.2% to 2.2 tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 5,859% against the previous year. As a result, the exports attained the peak of 5.8 tons, and then shrank sharply in the following year.
In value terms, exports of mineral substances not elsewhere specified or includeds fell sharply to $4K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 3,635%. As a result, the exports attained the peak of $24K, and then shrank markedly in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 0.6 | 22.5 | 3.6 | 144.9% | |
| South Africa | N/A | 0.1 | 0.2 | 100.0% | |
| United Kingdom | N/A | 1.4 | N/A | 0% | |
| Brazil | N/A | N/A | N/A | 0% | |
| Others | 0.1 | 0.4 | 0.2 | 41.4% | |
| Total | 0.7 | 24.3 | 4.0 | 139.0% | |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Angola in 2022:
- China (1822.0 kg)
- South Africa (269.0 kg)
- Brazil (106.0 kg)
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