Angola: Paper File Cover Market 2024

Paper File Cover Market Size in Angola

In 2022, the Angolan paper file cover market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a abrupt contraction. Paper file cover consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Paper File Cover Exports

Exports from Angola

Paper file cover exports from Angola skyrocketed to X kg in 2022, growing by 32% compared with the year before. In general, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 809% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, paper file cover exports soared to $X in 2022. Over the period under review, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 630%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for paper file cover exports from Angola, accounting for a 50% share of total exports. Moreover, paper file cover exports to France exceeded the volume sent to the second major destination, Sao Tome and Principe (X kg), twofold. Brazil (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+46.6% per year) and Brazil (+35.6% per year).

In value terms, France ($X) remains the key foreign market for paper binders, folders and file covers exports from Angola, comprising 64% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a 17% share of total exports. It was followed by Portugal, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+47.2% per year) and Portugal (+5.8% per year).

Export Prices by Country

The average paper file cover export price stood at $X per ton in 2022, surging by 45% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 200% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Portugal ($X per ton), while the average price for exports to Brazil ($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 the United States (+130.0%), while the prices for the other major destinations experienced more modest paces of growth.

Paper File Cover Imports

Imports into Angola

In 2022, overseas purchases of paper binders, folders and file covers were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 46% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, paper file cover imports rose sharply to $X in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 29%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Portugal (X tons), China (X tons) and South Africa (X tons) were the main suppliers of paper file cover imports to Angola, with a combined 80% share of total imports. Thailand, Latvia, Greece and the United Arab Emirates lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Portugal ($X) and South Africa ($X) appeared to be the largest paper file cover suppliers to Angola, together accounting for 84% of total imports. Latvia, Thailand, Greece and the United Arab Emirates lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, Latvia, with a CAGR of +7.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average paper file cover import price amounted to $X per ton, with a decrease of -15.9% against the previous year. Over the period under review, the import price saw a perceptible decrease. The growth pace was the most rapid in 2020 an increase of 25%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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 China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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