Report Update Nov 1, 2024

Angola - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Sorbitol Market 2024

Sorbitol Market Size in Angola

In 2021, the Angolan sorbitol market increased by 70% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a significant expansion. Sorbitol consumption peaked in 2021 and is likely to continue growth in the near future.

Sorbitol Production in Angola

In value terms, sorbitol production amounted to $X in 2021 estimated in export price. Overall, production faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9% against the previous year. Sorbitol production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Sorbitol Exports

Exports by Country

Egypt (X tons) was the main destination for sorbitol exports from Angola, accounting for a approx. 100% share of total exports.

From 2019 to 2019, the average annual growth rate of volume to Egypt was relatively modest.

From 2019 to 2019, the average annual rate of growth in terms of value to Egypt was relatively modest.

Sorbitol Imports

Imports into Angola

In 2021, overseas purchases of sorbitol (excluding d-glucitol) increased by 21% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 503%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sorbitol imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 375% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of sorbitol to Angola, with a 70% share of total imports. Moreover, sorbitol imports from India exceeded the figures recorded by the second-largest supplier, Germany (X kg), tenfold. Belgium (X kg) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +101.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-29.3% per year) and Belgium (-0.5% per year).

In value terms, India ($X), Germany ($X) and Singapore ($X) were the largest sorbitol suppliers to Angola, with a combined 70% share of total imports.

India, with a CAGR of +126.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sorbitol import price stood at $X per ton in 2021, picking up by 64% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+54.9%), 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 sorbitol (excluding d-glucitol) in the world?

The country with the largest volume of sorbitol consumption was France, comprising approx. 21% of total volume. Moreover, sorbitol consumption in France exceeded the figures recorded by the second-largest consumer, Poland, threefold. China ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sorbitol (excluding d-glucitol) in the world?

The countries with the highest volumes of in 2021 were France, China and Indonesia, together comprising 86% of global production. These countries were followed by the United States and Turkey, which together accounted for a further 12%.

What are the leading suppliers of sorbitol (excluding d-glucitol) to Angola?

In value terms, Germany constituted the largest supplier of sorbitol to Angola, comprising 84% of total imports. The second position in the ranking was occupied by Belgium $349), with a 6.4% share of total imports.

What is the average export price for sorbitol (excluding d-glucitol) in Angola?

The average sorbitol export price stood at $1,894 per ton in 2019, flattening at the previous year.

What is the average import price for sorbitol (excluding d-glucitol) in Angola?

In 2021, the average sorbitol import price amounted to $1,500 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)

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