Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola - 2022

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola (CIF) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola (CIF) - 2022

In December 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $1,560 per ton, growing by 11% against the previous month. In general, import price indicated prominent growth from December 2021 to December 2022: its price increased at an average monthly rate of +6.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for footwear; parts, outer soles and heels, of rubber or plasticses increased by +31.2% against June 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 41% against the previous month. Over the period under review, average import prices attained the peak figure in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Brazil ($2,507 per ton), while the price for China amounted to $1,532 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%).

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $13,373 per ton in 2022, picking up by 8.6% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for footwear; parts, outer soles and heels, of rubber or plasticses increased by +101.3% against 2013 indices. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +4.1% per year.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola

For the third consecutive year, Angola recorded decline in supplies from abroad of footwear; parts, outer soles and heels, of rubber or plasticses, which decreased by -6.9% to 109 tons in 2022. Over the period under review, imports recorded a dramatic downturn.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses stood at $349K in 2022. In general, imports faced a sharp shrinkage.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Angola in 2022:

1. China (107.6 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Angola

In 2022, exports of footwear; parts, outer soles and heels, of rubber or plasticses from Angola skyrocketed to 939 kg, rising by 63% against the previous year. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 63%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $13K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Angola in 2022:

1. Democratic Republic of the Congo (938.0 kg)

Source: IndexBox Market Intelligence Platform