Angola: Plaster Article Market 2024

Plaster Article Market Size in Angola

The Angolan plaster article market dropped dramatically to $X in 2022, waning 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 showed a abrupt shrinkage. Plaster article consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plaster Article Exports

Exports from Angola

In 2022, shipments abroad of articles of plaster or of compositions based on plaster decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, plaster article exports shrank to $X in 2022. In general, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X square meters) was the main destination for plaster article exports from Angola, accounting for a X% share of total exports. Moreover, plaster article exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Sao Tome and Principe (X square meters), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to X%.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for articles of plaster or of compositions based on plaster exports from Angola, comprising X% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo amounted to X%.

Export Prices by Country

The average plaster article export price stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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 Sao Tome and Principe ($X per square meter), while the average price for exports to Democratic Republic of the Congo stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (X%).

Plaster Article Imports

Imports into Angola

Plaster article imports into Angola fell significantly to X square meters in 2022, dropping by X% on the previous year. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plaster article imports dropped rapidly to $X in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Portugal (X square meters), Spain (X square meters) and Turkey (X square meters) were the main suppliers of plaster article imports to Angola, with a combined X% share of total imports. Argentina, China, Algeria, India and Tunisia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of articles of plaster or of compositions based on plaster to Angola, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

Import Prices by Country

The average plaster article import price stood at $X per square meter in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per square meter in 2012; however, from 2013 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 Portugal ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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