Angola - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Angola - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polypropylene in Primary Forms in Angola - 2022

Contents:

  1. Price for Polypropylene in Primary Forms in Angola (CIF) - 2022
  2. Price for Polypropylene in Primary Forms in Angola (FOB) - 2022
  3. Imports of Polypropylene in Primary Forms in Angola
  4. Exports of Polypropylene in Primary Forms in Angola

Price for Polypropylene in Primary Forms in Angola (CIF) - 2022

The average polypropylene in primary forms import price stood at $1,801 per ton in 2022, dropping by -5.7% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 21%. The import price peaked at $2,490 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Belgium ($2,554 per ton), while the price for Spain ($1,398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polypropylene in Primary Forms in Angola (FOB) - 2022

In 2022, the average polypropylene in primary forms export price amounted to $3,880 per ton, rising by 619% against the previous year. In general, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +163.2% per year.

Imports of Polypropylene in Primary Forms in Angola

For the fourth year in a row, Angola recorded growth in purchases abroad of polypropylene in primary forms, which increased by 23% to 31K tons in 2022. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polypropylene in primary forms imports soared to $56M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Polypropylene in Primary Forms in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea11.89.511.919.317.8%
Saudi Arabia9.34.610.213.011.8%
China3.99.34.89.936.4%
South Africa8.14.96.56.4-7.6%
Spain3.30.71.21.8-18.3%
India2.90.61.70.7-37.7%
Thailand1.71.01.60.3-43.9%
Belgium2.92.71.80.1-67.5%
Others8.37.88.74.4-19.1%
Total52.241.148.355.92.3%

Top Suppliers of Polypropylene in Primary Forms to Angola in 2022:

  1. South Korea (10.5K tons)
  2. Saudi Arabia (6.3K tons)
  3. China (5.8K tons)
  4. South Africa (4.0K tons)
  5. Spain (1.3K tons)
  6. India (0.4K tons)
  7. Thailand (0.2K tons)
  8. Belgium (0.1K tons)

Exports of Polypropylene in Primary Forms in Angola

In 2022, shipments abroad of polypropylene in primary forms decreased by 99.9% to 25 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 196%. As a result, the exports attained the peak of 114 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, polypropylene in primary forms exports declined sharply to $97 in 2022. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 122% against the previous year. As a result, the exports reached the peak of $61K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Polypropylene in Primary Forms in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A0.10%
Nigeria16.940.718.9N/A5.8%
India6.720.711.8N/A32.7%
Others4.1N/AN/AN/A0%
Total27.761.530.80.1-84.7%

Top Export Markets for Polypropylene in Primary Forms from Angola in 2022:

  1. Namibia (25.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polypropylene in primary forms 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.

Product coverage:

  • Prodcom 20165130 - Polypropylene, in primary forms

Country coverage:

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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