Report Update Nov 1, 2024

Angola - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Angola

After three years of growth, the Angolan reclaimed rubber market decreased by -8.7% to $X in 2021. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +44.7% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Reclaimed Rubber Production in Angola

In value terms, reclaimed rubber production shrank to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +44.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 53%. Reclaimed rubber production peaked at $X in 2020, and then shrank in the following year.

Reclaimed Rubber Exports

Exports from Angola

Reclaimed rubber exports from Angola was estimated at X tons in 2016, leveling off at the previous year. In general, exports saw a relatively flat trend pattern. The exports peaked in 2016 and are likely to continue growth in the immediate term.

In value terms, reclaimed rubber exports amounted to $X in 2016. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2016 and are likely to see steady growth in years to come.

Exports by Country

From 2016 to 2019, the average annual growth rate of volume to No country was relatively modest.

From 2016 to 2019, the average annual growth rate of value to No country was relatively modest.

Reclaimed Rubber Imports

Imports into Angola

In 2021, approx. X tons of reclaimed rubber were imported into Angola; increasing by 517% against 2020. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 751% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, reclaimed rubber imports skyrocketed to $X in 2021. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest reclaimed rubber supplier to Angola, accounting for a 80% share of total imports. Moreover, reclaimed rubber imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X kg), more than tenfold. The third position in this ranking was held by South Africa (X kg), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +53.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+37.7% per year) and South Africa (+103.9% per year).

In value terms, China ($X) constituted the largest supplier of reclaimed rubber to Angola, comprising 87% of total imports. The second position in the ranking was held by the UK ($X), with a 3.1% share of total imports. It was followed by Turkey, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +79.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+14.4% per year) and Turkey (0.0% per year).

Import Prices by Country

In 2021, the average reclaimed rubber import price amounted to $X per ton, rising by 72% against the previous year. Overall, the import price saw a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 116% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reclaimed rubber in the world?

The country with the largest volume of reclaimed rubber consumption was China, accounting for 21% of total volume. Moreover, reclaimed rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 8.5% share.

What are the largest producers of reclaimed rubber in the world?

The countries with the highest volumes of reclaimed rubber production in 2020 were China, India and the U.S., with a combined 38% share of global production. Canada, Japan, the UK, Russia, Thailand, Brazil, Indonesia, France, Turkey and Malaysia lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of reclaimed rubber to Angola?

In value terms, the largest reclaimed rubber suppliers to Angola were France and Portugal.

What is the average export price for reclaimed rubber in Angola?

The average reclaimed rubber export price stood at $1,263 per ton in 2016, standing approx. at the previous year.

What is the average import price for reclaimed rubber in Angola?

In 2020, the average reclaimed rubber import price amounted to $2,226 per ton, dropping by -18.4% against the previous year.

This report provides an in-depth analysis of the reclaimed rubber market 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 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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