Angola: Market for Finishing Agents Used In The Textile Industry 2025

Market Size for Finishing Agents Used In The Textile Industry in Angola

The Angolan textile industry finishing agents market amounted to $X in 2022, with an increase of 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, however, saw a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Finishing Agents Used In The Textile Industry

Exports from Angola

In 2020, overseas shipments of finishing agents used in the textile industry decreased by X% to X kg for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019, and then reduced markedly in the following year.

In value terms, textile industry finishing agents exports dropped sharply to $X in 2020. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2019, and then fell sharply in the following year.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for textile industry finishing agents exports from Angola, with a X% share of total exports. Moreover, textile industry finishing agents exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Indonesia (X kg), sevenfold.

From 2015 to 2020, the average annual rate of growth in terms of volume to Democratic Republic of the Congo was relatively modest.

In value terms, Democratic Republic of the Congo ($X) and Indonesia ($X) constituted the largest markets for textile industry finishing agents exported from Angola worldwide.

Indonesia, with a CAGR of X%, recorded 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 2020, the average textile industry finishing agents export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2020, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Democratic Republic of the Congo totaled $X per ton.

From 2015 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Angola

Textile industry finishing agents imports into Angola was estimated at X tons in 2022, increasing by X% against the previous year. In general, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, textile industry finishing agents imports amounted to $X in 2022. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest textile industry finishing agents supplier to Angola, with a X% share of total imports. Moreover, textile industry finishing agents imports from Portugal exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United Arab Emirates (X% per year).

In value terms, South Africa ($X), Portugal ($X) and Spain ($X) constituted the largest textile industry finishing agents suppliers to Angola, together accounting for X% of total imports.

Spain, with a CAGR of X%, 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

In 2022, the average textile industry finishing agents import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a perceptible decline. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Argentina ($X per ton), while the price for the United Arab Emirates ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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