Angola: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Angola

The Angolan market for plastic plates, sheets, film, foil and strip soared to $X in 2021, with an increase of 41% 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). Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +63.9% against 2019 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Angola

In 2021, approx. X tons of plastic plates, sheets, film, foil and strip were exported from Angola; reducing by -62.8% on the previous year. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,505%. As a result, the exports reached the peak of X tons, and then contracted notably in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 411%. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Sao Tome and Principe (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Angola, accounting for a 76% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Sao Tome and Principe exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sao Tome and Principe stood at +65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (-6.6% per year) and Spain (0.0% per year).

In value terms, Sao Tome and Principe ($X) emerged as the key foreign market for plastic plates, sheets, film, foil and strip exports from Angola, comprising 88% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sao Tome and Principe totaled +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+3.4% per year) and Spain (0.0% per year).

Export Prices by Country

In 2021, the average export price for plastic plates, sheets, film, foil and strip amounted to $X per ton, growing by 287% against the previous year. Overall, the export price enjoyed a perceptible expansion. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+10.6%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Angola

Imports of plastic plates, sheets, film, foil and strip into Angola soared to X tons in 2021, jumping by 41% against 2020 figures. In general, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 79% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.1% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 66% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), India (X tons) and Portugal (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Angola, together comprising 64% of total imports. These countries were followed by the United Arab Emirates, Saudi Arabia, Singapore, Jordan, Italy and Namibia, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +62.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Portugal ($X) constituted the largest plastic plate, sheet, film, foil and strip suppliers to Angola, with a combined 60% share of total imports. The United Arab Emirates, Singapore, Italy, Saudi Arabia, Jordan and Namibia lagged somewhat behind, together comprising a further 28%.

Singapore, with a CAGR of +49.3%, 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 2021, the average import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, approximately equating the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2015 an increase of 32% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Italy ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :