Angola: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Angola

The Angolan silicon dioxide market dropped sharply to $X in 2021, waning by -63.2% 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). Overall, consumption saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Silicon Dioxide Exports

Exports from Angola

In 2021, the amount of silicon dioxide exported from Angola reduced remarkably to X tons, waning by -18.9% compared with the previous year's figure. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 9,369% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, silicon dioxide exports fell notably to $X in 2021. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2016 with an increase of 4,626% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Congo (X tons) was the main destination for silicon dioxide exports from Angola, accounting for a 63% share of total exports. Moreover, silicon dioxide exports to Congo exceeded the volume sent to the second major destination, Chile (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Congo stood at +85.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (0.0% per year) and Kenya (0.0% per year).

In value terms, Congo ($X) remains the key foreign market for silicon dioxide exports from Angola, comprising 75% of total exports. The second position in the ranking was taken by Chile ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Congo stood at +62.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (0.0% per year) and Kenya (0.0% per year).

Export Prices by Country

The average silicon dioxide export price stood at $X per ton in 2021, which is down by -3.2% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, 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 ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+90.9%).

Silicon Dioxide Imports

Imports into Angola

In 2021, silicon dioxide imports into Angola dropped dramatically to X tons, which is down by -60.6% compared with 2020. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 406% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, silicon dioxide imports declined markedly to $X in 2021. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 496% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Portugal (X tons) and South Africa (X tons) were the main suppliers of silicon dioxide imports to Angola, together accounting for 40% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +2.4%), while imports for the other leaders experienced a decline.

In value terms, Belgium ($X) constituted the largest supplier of silicon dioxide to Angola, comprising 27% of total imports. The second position in the ranking was held by Portugal ($X), with a 10% share of total imports. It was followed by the UK, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-16.8% per year) and the UK (-4.9% per year).

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per ton, dropping by -3.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2020 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, 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 Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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