Angola: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2025

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Angola

The Angolan market for coconut, abaca, ramie and other vegetable textile fibres fell to $X in 2022, waning by -7.5% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Angola

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 1,247% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

The average yield of coconut, abaca, ramie and other vegetable textile fibres in Angola was estimated at X tons per ha in 2022, approximately reflecting the year before. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by 9%. Over the period under review, the average yield of coconut, abaca, ramie and other vegetable textile fibres hit record highs at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of coconut, abaca, ramie and other vegetable textile fibres were harvested in Angola; remaining constant against 2021 figures. Overall, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 3.3%. Over the period under review, the harvested area dedicated to coconut, abaca, ramie and other vegetable textile fibre production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Angola

After two years of decline, shipments abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by 0% to X kg in 2021. Overall, exports posted a buoyant expansion. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres totaled $X in 2021. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Namibia (X kg) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Angola, accounting for a approx. 100% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Namibia was relatively modest.

From 2018 to 2021, the average annual rate of growth in terms of value to Namibia was relatively modest.

Export Prices by Country

In 2021, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

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

From 2018 to 2021, the rate of growth in terms of prices for Namibia amounted to 0.0% per year.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Angola

In 2022, approx. X tons of coconut, abaca, ramie and other vegetable textile fibres were imported into Angola; which is down by -30% against the previous year's figure. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 182%. Over the period under review, imports of attained the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres dropped sharply to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 496% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Spain (X tons), India (X tons) and Sri Lanka (X tons) were the main suppliers of imports of coconut, abaca, ramie and other vegetable textile fibres to Angola, together accounting for 65% of total imports. Brazil, Portugal and South Africa lagged somewhat behind, together accounting for a further 3.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +30.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to Angola, comprising 42% of total imports. The second position in the ranking was taken by India ($X), with a 7.7% share of total imports. It was followed by Brazil, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled +44.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.7% per year) and Brazil (+25.0% per year).

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, declining by -16.6% against the previous year. In general, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 139% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform