Angola: Polishes For Coachwork Market 2025

Polishes For Coachwork Market Size in Angola

The Angolan polishes for coachwork market declined sharply to $X in 2022, with a decrease of -25% 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 faced a abrupt curtailment. Polishes for coachwork consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Polishes For Coachwork Exports

Exports from Angola

In 2022, the amount of polishes for coachwork exported from Angola amounted to X kg, leveling off at 2021 figures. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 85% against the previous year. The exports peaked at X kg in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, polishes for coachwork exports totaled $X in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 89%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Sao Tome and Principe (X kg) was the main destination for polishes for coachwork exports from Angola, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sao Tome and Principe amounted to -7.8%.

In value terms, Sao Tome and Principe ($X) also remains the key foreign market for polishes for coachwork exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Sao Tome and Principe amounted to -17.4%.

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sao Tome and Principe.

From 2012 to 2022, the rate of growth in terms of prices for Sao Tome and Principe amounted to -10.5% per year.

Polishes For Coachwork Imports

Imports into Angola

In 2022, approx. X tons of polishes for coachwork were imported into Angola; declining by -34.5% compared with the previous year. Overall, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 90%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, polishes for coachwork imports shrank markedly to $X in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 93% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), Lebanon (X tons) and Egypt (X tons) were the main suppliers of polishes for coachwork imports to Angola, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of +56.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X) constituted the largest supplier of polishes for coachwork to Angola, comprising 41% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Lebanon, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value from South Africa totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.6% per year) and Lebanon (+42.6% per year).

Import Prices by Country

The average polishes for coachwork import price stood at $X per ton in 2022, surging by 20% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :