Report Update Nov 1, 2024

Angola - Sacks and Bags of Polymers of Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Ethylene Polymer Bag Market 2024

Ethylene Polymer Bag Market Size in Angola

In 2022, the Angolan ethylene polymer bag market decreased by -4.9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Ethylene polymer bag consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ethylene Polymer Bag Exports

Exports from Angola

In 2022, overseas shipments of sacks and bags of polymers of ethylene increased by 6% to X tons, rising for the eighth year in a row after two years of decline. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 934%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, ethylene polymer bag exports contracted rapidly to $X in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 532%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for ethylene polymer bag exports from Angola, accounting for a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +117.3%.

In value terms, Democratic Republic of the Congo ($X) also remains the key foreign market for sacks and bags of polymers of ethylene exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled +73.7%.

Export Prices by Country

The average ethylene polymer bag export price stood at $X per ton in 2022, falling by -22.1% against the previous year. Overall, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 52% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -20.0% per year.

Ethylene Polymer Bag Imports

Imports into Angola

In 2022, the amount of sacks and bags of polymers of ethylene imported into Angola surged to X tons, increasing by 22% on 2021. In general, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 58%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ethylene polymer bag imports dropped remarkably to $X in 2022. Overall, imports, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Singapore (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of ethylene polymer bag imports to Angola, with a combined 89% share of total imports. India, Namibia and Thailand lagged somewhat behind, together accounting for a further 7.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +60.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Malaysia ($X) constituted the largest ethylene polymer bag suppliers to Angola, with a combined 68% share of total imports. India, Thailand and Namibia lagged somewhat behind, together accounting for a further 9.1%.

Among the main suppliers, India, with a CAGR of +55.5%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average ethylene polymer bag import price amounted to $X per ton, waning by -30.3% against the previous year. Overall, the import price showed a deep reduction. The growth pace was the most rapid in 2021 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 China ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sacks and bags of polymers of ethylene in the world?

The country with the largest volume of ethylene polymer bag consumption was Russia, comprising approx. 41% of total volume. Moreover, ethylene polymer bag consumption in Russia exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of sacks and bags of polymers of ethylene in the world?

Russia remains the largest ethylene polymer bag producing country worldwide, comprising approx. 41% of total volume. Moreover, ethylene polymer bag production in Russia exceeded the figures recorded by the second-largest producer, China, twofold. India ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of sacks and bags of polymers of ethylene to Angola?

In value terms, China, Malaysia and South Africa constituted the largest ethylene polymer bag suppliers to Angola, together accounting for 87% of total imports.

What are the leading importers of sacks and bags of polymers of ethylene from Angola?

In value terms, South Africa remains the key foreign market for ethylene polymer bag exports from Angola.

What is the average export price for sacks and bags of polymers of ethylene in Angola?

The average ethylene polymer bag export price stood at $3,243 per ton in 2021, with a decrease of -4.7% against the previous year.

What is the average import price for sacks and bags of polymers of ethylene in Angola?

In 2021, the average ethylene polymer bag import price amounted to $1,829 per ton, picking up by 9.3% against the previous year.

This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)

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