Angola: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Angola

The Angolan activated natural mineral products market skyrocketed to $X in 2021, with an increase of 245% 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). Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Activated Natural Mineral Products

Exports from Angola

In 2021, after two years of decline, there was significant decline in shipments abroad of activated natural mineral products, when their volume decreased by -64.8% to X tons. In general, exports showed a perceptible setback. The pace of growth was the most pronounced in 2016 with an increase of 23%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, activated natural mineral products exports fell remarkably to $X in 2021. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 128% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Cuba (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of activated natural mineral products exports from Angola.

From 2013 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +144.8%).

In value terms, the largest markets for activated natural mineral products exported from Angola were Democratic Republic of the Congo ($X) and Cuba ($X).

Democratic Republic of the Congo, with a CAGR of +237.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, dropping by -48.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 85%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Cuba amounted to $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+37.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Activated Natural Mineral Products

Imports into Angola

In 2021, the amount of activated natural mineral products imported into Angola skyrocketed to X tons, increasing by 296% compared with the previous year. In general, imports recorded a moderate expansion. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, activated natural mineral products imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a noticeable shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the United States (X tons) and India (X tons) were the main suppliers of activated natural mineral products imports to Angola, with a combined 23% share of total imports. These countries were followed by Germany, Portugal, Spain, Belgium, Egypt and Brazil, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +28.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and India ($X) constituted the largest activated natural mineral products suppliers to Angola, together accounting for 32% of total imports. The United States, Germany, Spain, Belgium, Egypt and Brazil lagged somewhat behind, together accounting for a further 20%.

Germany, with a CAGR of +26.7%, 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 activated natural mineral products import price stood at $X per ton in 2021, declining by -32.9% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2018 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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