Angola: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Angola

After two years of decline, the Angolan market for flexible tubes, pipes and hoses of plastics, with fittings increased by 194% to $X in 2022. In general, consumption, however, saw a deep reduction. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Angola

In 2022, after two years of growth, there was significant decline in overseas shipments of flexible tubes, pipes and hoses of plastics, with fittings, when their volume decreased by -56.3% to X kg. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,098% against the previous year. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings reduced sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,142%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from Angola, accounting for a 65% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to Democratic Republic of the Congo exceeded the volume sent to the second major destination, the Netherlands (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+59.5% per year) and the UK (+55.2% per year).

In value terms, Democratic Republic of the Congo ($X), the UK ($X) and the Netherlands ($X) constituted the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Angola worldwide, together comprising 99% of total exports.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of +38.5%, saw the highest growth rate of 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 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, jumping by 24% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 73% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+71.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Angola

In 2022, supplies from abroad of flexible tubes, pipes and hoses of plastics, with fittings was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, faced a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 260%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings soared to $X in 2022. In general, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 228% against the previous year. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Portugal (X tons) and South Africa (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, with fittings to Angola, together accounting for 90% of total imports. Brazil and Namibia lagged somewhat behind, together accounting for a further 2.1%.

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 +6.3%), while imports for the other leaders experienced a decline.

In value terms, Portugal ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to Angola, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by South Africa, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.7% per year) and South Africa (-7.3% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, reducing by -31.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 75%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for China ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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