Angola: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Angola

The Angolan plastic pipe and hose market declined slightly to $X in 2022, approximately reflecting the previous year. In general, consumption, however, continues to indicate a mild contraction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Angola

In value terms, plastic pipe and hose production fell slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Plastic pipe and hose production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Angola

In 2022, shipments abroad of plastics tubes, pipes and hoses, and fitting increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic pipe and hose exports contracted significantly to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria (X tons) was the main destination for plastic pipe and hose exports from Angola, accounting for a X% share of total exports. Moreover, plastic pipe and hose exports to Nigeria exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), fourfold. Liberia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Liberia (X% per year).

In value terms, Congo ($X), Democratic Republic of the Congo ($X) and Nigeria ($X) constituted the largest markets for plastic pipe and hose exported from Angola worldwide, with a combined X% share of total exports.

Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Congo ($X per ton), while the average price for exports to Liberia ($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 Namibia (X%), while the prices for the other major destinations experienced a decline.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Angola

In 2022, the amount of plastics tubes, pipes and hoses, and fitting imported into Angola soared to X tons, rising by X% on the year before. Overall, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic pipe and hose imports surged to $X in 2022. In general, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest plastic pipe and hose supplier to Angola, with a X% share of total imports. Moreover, plastic pipe and hose imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and the United States (X% per year).

In value terms, China ($X), Portugal ($X) and the United States ($X) constituted the largest plastic pipe and hose suppliers to Angola, with a combined X% share of total imports.

Among the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plastic pipe and hose import price stood at $X per ton in 2022, stabilizing at the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic pipe and hose import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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