Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola - 2022

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $16,103 per ton in 2022, rising by 20% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 484% against the previous year. As a result, import price reached the peak level of $30,626 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($53,130 per ton), while the price for Spain ($1,443 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $10,078 per ton, dropping by -47% against the previous year. Overall, the export price recorded a dramatic descent. The growth pace was the most rapid in 2021 when the average export price decreased by -26.9% against the previous year. Over the period under review, the average export prices attained the maximum at $61,520 per ton in 2018; however, from 2019 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 Trinidad and Tobago.

From 2016 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -40.0% per year.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola

In 2022, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into Angola rose modestly to 16 tons, increasing by 4.6% against 2021 figures. Over the period under review, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $262K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Angola in 2022:

1. United Kingdom (3.5 tons)
2. Germany (3.5 tons)
3. Spain (2.8 tons)
4. South Africa (2.7 tons)
5. Namibia (2.1 tons)
6. United States (0.6 tons)
7. Netherlands (0.4 tons)
8. Norway (0.4 tons)
9. France (0.1 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Angola

In 2022, approx. 116 kg of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were exported from Angola; picking up by 1,060% on 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $1.2K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Angola in 2022:

1. Trinidad and Tobago (116.0 kg)

Source: IndexBox Market Intelligence Platform