Angola: Unwrought Lead Market 2021

Unwrought Lead Market Size in Angola

The Angolan unwrought lead market contracted to $X in 2020, waning by -X% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then fell in the following year.

Unwrought Lead Production in Angola

In value terms, unwrought lead production contracted to $X in 2020 estimated in export prices. In general, the total production indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Unwrought lead production peaked at $X in 2019, and then shrank in the following year.

Unwrought Lead Exports

Exports from Angola

In 2020, overseas shipments of unwrought lead decreased by -X% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, unwrought lead exports contracted remarkably to $X in 2020. Over the period under review, exports, however, showed notable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for unwrought lead exports from Angola, with a X% share of total exports. Moreover, unwrought lead exports to India exceeded the volume sent to the second major destination, South Korea (X tons), twofold.

From 2007 to 2020, the average annual growth rate of volume to India amounted to +X%.

In value terms, India ($X) remains the key foreign market for unwrought lead exports from Angola, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to India stood at +X%.

Export Prices by Country

In 2020, the average unwrought lead export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was South Korea ($X per ton), while the average price for exports to India stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea.

Unwrought Lead Imports

Imports into Angola

In 2020, the amount of unwrought lead imported into Angola reached X tons, growing by X% on the year before. Over the period under review, imports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, unwrought lead imports expanded significantly to $X in 2020. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, China (X tons) was the main supplier of unwrought lead to Angola, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of unwrought lead to Angola.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%.

Import Prices by Country

In 2020, the average unwrought lead import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

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