Angola: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Angola

The Angolan market for floor, wall or ceiling coverings of plastics fell significantly to $X in 2022, shrinking by -26.8% 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). In general, consumption saw a perceptible decrease. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Angola

Exports of floor, wall or ceiling coverings of plastics from Angola contracted sharply to X square meters in 2022, dropping by -54.5% on the previous year. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2016 with an increase of 542%. The exports peaked at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics dropped rapidly to $X in 2022. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 568%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X square meters) was the main destination for exports of floor, wall or ceiling coverings of plastics from Angola, accounting for a 89% share of total exports. Moreover, exports of floor, wall or ceiling coverings of plastics to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Sao Tome and Principe (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (-19.2% per year) and Portugal (-32.8% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Angola, comprising 76% of total exports. The second position in the ranking was held by Portugal ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-38.2% per year) and Sao Tome and Principe (-1.1% per year).

Export Prices by Country

In 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, jumping by 62% against the previous year. Over the period under review, the export price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 87% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 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 Portugal ($X per square meter), while the average price for exports to Sao Tome and Principe ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Angola

In 2022, approx. X square meters of floor, wall or ceiling coverings of plastics were imported into Angola; waning by -30.1% on the previous year. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 165%. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of floor, wall or ceiling coverings of plastics dropped markedly to $X in 2022. In general, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 103% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of plastic floor, wall and ceiling coverings to Angola, with a 65% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Portugal (X square meters), fourfold. The third position in this ranking was taken by Hong Kong SAR (X square meters), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-6.5% per year) and Hong Kong SAR (+8.2% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Angola, comprising 63% of total imports. The second position in the ranking was taken by Portugal ($X), with a 25% share of total imports. It was followed by Hong Kong SAR, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-7.2% per year) and Hong Kong SAR (+10.8% per year).

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, growing by 6.8% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for floor, wall or ceiling coverings of plastics decreased by -18.3% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per square meter), while the price for Hong Kong SAR ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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