Angola - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Angola - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Fibre Chopped Strand in Angola - 2022

Contents:

  1. Price for Glass Fibre Chopped Strand in Angola (CIF) - 2022
  2. Price for Glass Fibre Chopped Strand in Angola (FOB) - 2022
  3. Imports of Glass Fibre Chopped Strand in Angola
  4. Exports of Glass Fibre Chopped Strand in Angola

Price for Glass Fibre Chopped Strand in Angola (CIF) - 2022

The average glass fibre chopped strand import price stood at $1,773 per ton in 2022, dropping by -42.8% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2014 an increase of 125%. As a result, import price attained the peak level of $12,950 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,978 per ton), while the price for China ($656 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibre Chopped Strand in Angola (FOB) - 2022

In 2022, the average glass fibre chopped strand export price amounted to $333 per ton, remaining constant against the previous year. Over the period under review, the export price saw a precipitous descent. The growth pace was the most rapid in 2020 a decrease of 99.9%. The export price peaked at $3,083 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2015 to 2022, the rate of growth in terms of prices for Namibia amounted to 0.0% per year.

Imports of Glass Fibre Chopped Strand in Angola

In 2022, approx. 38 tons of glass fibre chopped strands were imported into Angola; increasing by 101% compared with the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 336%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, glass fibre chopped strand imports skyrocketed to $68K in 2022. Over the period under review, imports recorded a moderate expansion. The growth pace was the most rapid in 2021 when imports increased by 288%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glass Fibre Chopped Strand in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia0.50.21.526.6276.1%
China15.33.210.016.52.5%
GermanyN/AN/AN/A16.00%
Portugal0.7N/A0.18.4128.9%
South Africa2.60.40.70.6-38.7%
Spain8.81.64.2N/A-30.9%
United States12.93.211.8N/A-4.4%
Brazil11.43.112.3N/A3.9%
GhanaN/AN/A2.6N/A0%
Others9.43.516.0N/A30.5%
Total61.615.259.168.03.3%

Top Suppliers of Glass Fibre Chopped Strand to Angola in 2022:

  1. China (25.1 tons)
  2. Namibia (8.5 tons)
  3. Portugal (3.1 tons)
  4. Germany (1.3 tons)
  5. South Africa (0.4 tons)

Exports of Glass Fibre Chopped Strand in Angola

In 2022, overseas shipments of glass fibre chopped strands decreased by 0% to 40 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, glass fibre chopped strand exports stood at $13K in 2022. In general, exports posted significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Glass Fibre Chopped Strand in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A13.40%
Mozambique1.3N/AN/AN/A0%
Others1.7N/AN/AN/A0%
Total3.0N/AN/A13.464.7%

Top Export Markets for Glass Fibre Chopped Strand from Angola in 2022:

  1. Namibia (40.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibre chopped strand 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 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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