Angola: Alcohols Market 2021

Alcohols Market Size in Angola

The Angolan alcohols market contracted notably to $X in 2020, falling 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). Over the period under review, consumption continues to indicate a mild contraction. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Alcohols Exports

Exports from Angola

In 2020, after three years of growth, there was decline in shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, when their volume decreased by -X% to X tons. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2019, and then declined slightly in the following year.

In value terms, alcohols exports rose markedly to $X in 2020. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for alcohols exports from Angola, with a X% share of total exports. Moreover, alcohols exports to the Netherlands exceeded the volume sent to the second major destination, South Africa (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+X% per year) and Democratic Republic of the Congo (+X% per year).

In value terms, the largest markets for alcohols exported from Angola were Democratic Republic of the Congo ($X), South Africa ($X) and the Netherlands ($X the main countries of destination, Democratic Republic of the Congo (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Alcohols Imports

Imports into Angola

In 2020, after two years of growth, there was significant decline in supplies from abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, when their volume decreased by -X% to X tons. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at X tons in 2019, and then contracted significantly in the following year.

In value terms, alcohols imports reduced remarkably to $X in 2020. Overall, imports saw a perceptible descent. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

The Netherlands (X tons), the UK (X tons) and France (X tons) were the main suppliers of alcohols imports to Angola, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in the UK, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols suppliers to Angola were the Netherlands ($X), the UK ($X) and Belgium ($X), together accounting for X% of total imports.

The UK recorded the highest rates of growth with regard to the value of imports, among 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 alcohols import price stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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