Angola: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Angola

The Angolan articles of fiber cement market was finally on the rise to reach $X in 2022, after nine years of decline. Overall, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Angola

In value terms, articles of fiber cement production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 0.8% against the previous year. Articles of fiber cement production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Angola

In 2022, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by 47% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,104% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports reduced to $X in 2022. In general, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 241% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sao Tome and Principe (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of articles of fiber cement exports from Angola.

From 2012 to 2022, the biggest increases were recorded for Sao Tome and Principe (with a CAGR of +10.4%).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Angola, comprising 70% of total exports. The second position in the ranking was taken by Sao Tome and Principe ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled -13.0%.

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, waning by -34% against the previous year. Over the period under review, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 381%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 Sao Tome and Principe amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+48.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Angola

In 2022, imports of articles of asbestos-cement, cellulose fiber-cement or the like into Angola skyrocketed to X tons, jumping by 242% compared with the year before. Over the period under review, imports, however, showed a abrupt descent. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, articles of fiber cement imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Namibia (X tons), India (X tons) and Spain (X tons) were the main suppliers of articles of fiber cement imports to Angola, together accounting for 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +34.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest articles of fiber cement suppliers to Angola were Spain ($X), India ($X) and Portugal ($X), together accounting for 60% of total imports.

Among the main suppliers, Spain, with a CAGR of +40.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, with an increase of 7% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, articles of fiber cement import price increased by +13.4% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 67%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Spain ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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