Price for Railway or Tramway Track Constructions of Iron or Steel in Angola - 2022

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Angola (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Angola (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Angola
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Angola

Price for Railway or Tramway Track Constructions of Iron or Steel in Angola (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,150 per ton in 2022, surging by 35% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 108% against the previous year. As a result, import price attained the peak level of $1,650 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,709 per ton), while the price for China ($592 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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Angola (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $2,283 per ton in 2022, with an increase of 2.4% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 an increase of 105% against the previous year. Over the period under review, the average export prices reached the maximum at $3,935 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($2,217 per ton), while the average price for exports to Democratic Republic of the Congo stood at $1,671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+9.5%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Angola

After three years of growth, purchases abroad of railway or tramway track constructions of iron or steel decreased by -59.9% to 1.6K tons in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 484% against the previous year.

In value terms, imports of railway or tramway track constructions of iron or steel plummeted to $1.8M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 370%.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Angola in 2022:

1. China (594.2 tons)
2. India (403.7 tons)
3. Spain (303.2 tons)
4. United Arab Emirates (98.7 tons)
5. Portugal (95.4 tons)
6. Italy (38.4 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Angola

In 2022, exports of railway or tramway track constructions of iron or steel from Angola fell dramatically to 3.7 tons, declining by -34.8% against the previous year. Overall, exports continue to indicate a sharp setback. The smallest decline of -23.9% was in 2021.

In value terms, exports of railway or tramway track constructions of iron or steel dropped rapidly to $8.5K in 2022. In general, exports faced a sharp decrease. The smallest decline of -18.3% was in 2020.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Angola in 2022:

1. Congo (3.0 tons)
2. Democratic Republic of the Congo (0.7 tons)

Source: IndexBox Market Intelligence Platform