Report Update Nov 1, 2024

Angola - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in Angola

The Angolan polypropylene in primary forms market declined sharply to $X in 2022, which is down by -19.1% 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, however, showed a tangible expansion. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Exports of Polypropylene in Primary Forms

Exports from Angola

In 2022, shipments abroad of polypropylene in primary forms decreased by -32% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 474%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polypropylene in primary forms exports fell dramatically to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 235%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for polypropylene in primary forms exports from Angola, accounting for a 78% share of total exports. Moreover, polypropylene in primary forms exports to India exceeded the volume sent to the second major destination, Nigeria (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to India stood at +2.5%.

In value terms, Nigeria ($X) and India ($X) were the largest markets for polypropylene in primary forms exported from Angola worldwide.

India, with a CAGR of +7.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average polypropylene in primary forms export price amounted to $X per ton, which is down by -4.5% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 98% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+163.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene in Primary Forms

Imports into Angola

Polypropylene in primary forms imports into Angola declined to X tons in 2022, waning by -10.1% on 2021. Over the period under review, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2014 when imports increased by 59%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, polypropylene in primary forms imports shrank markedly to $X in 2022. Overall, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

South Korea (X tons), Saudi Arabia (X tons) and South Africa (X tons) were the main suppliers of polypropylene in primary forms imports to Angola, with a combined 67% share of total imports. China, Belgium, Thailand, the United Arab Emirates and Qatar lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +44.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polypropylene in primary forms suppliers to Angola were Saudi Arabia ($X), South Korea ($X) and China ($X), with a combined 66% share of total imports.

China, with a CAGR of +37.9%, saw the highest growth rate of 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 2022, the average polypropylene in primary forms import price amounted to $X per ton, dropping by -13% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polypropylene in primary forms in the world?

China remains the largest polypropylene in primary forms consuming country worldwide, accounting for 23% of total volume. Moreover, polypropylene in primary forms consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.4% share.

What are the largest producers of polypropylene in primary forms in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 38% of global production. These countries were followed by Saudi Arabia, Brazil, South Korea, Japan, Russia, Thailand, Belgium, Germany, Iran and the United Arab Emirates, which together accounted for a further 34%.

What are the leading suppliers of polypropylene in primary forms to Angola?

In value terms, Lebanon, South Korea and Saudi Arabia constituted the largest polypropylene in primary forms suppliers to Angola, with a combined 51% share of total imports.

What are the leading importers of polypropylene in primary forms from Angola?

In value terms, the largest markets for polypropylene in primary forms exported from Angola were Nigeria and India.

What is the average export price for polypropylene in primary forms in Angola?

The average polypropylene in primary forms export price stood at $663 per ton in 2021, with a decrease of -44.5% against the previous year.

What is the average import price for polypropylene in primary forms in Angola?

In 2021, the average polypropylene in primary forms import price amounted to $1,095 per ton, surging by 7.8% against the previous year.

This report provides an in-depth analysis of the market for polypropylene in primary forms in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20165130 - Polypropylene, in primary forms

Country coverage:

Angola

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Angola
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023