Angola: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Angola

The Angolan market for glaziers putty, grafting putty, other mastics and painters' fillings contracted modestly to $X in 2022, falling by -4.1% 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 continues to indicate a abrupt shrinkage. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Angola

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were exported from Angola; rising by 1,034% against the previous year's figure. Overall, exports enjoyed a significant expansion. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Angola, accounting for a 94% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Namibia (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +58.2%.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Angola, comprising 81% of total exports. The second position in the ranking was taken by Namibia ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled +75.4%.

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, picking up by 61% against the previous year. In general, the export price, however, recorded a noticeable setback. The growth pace was the most rapid in 2018 an increase of 95% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Democratic Republic of the Congo amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+66.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Angola

For the third year in a row, Angola recorded decline in supplies from abroad of glaziers putty, grafting putty, other mastics and painters' fillings, which decreased by -2% to X tons in 2022. In general, imports saw a significant decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 70%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings contracted to $X in 2022. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 89% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), China (X tons) and France (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Angola, together comprising 78% of total imports. Turkey, the United States, India, Lebanon, Brazil and Malaysia lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +50.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Angola, comprising 30% of total imports. The second position in the ranking was taken by Portugal ($X), with a 14% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-17.5% per year) and the United States (-4.6% per year).

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, waning by -2.4% against the previous year. Overall, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 62% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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