Broken Rice Price in Angola - 2022
Contents:
- Broken Rice Price in Angola (CIF) - 2022
- Broken Rice Price in Angola (FOB) - 2022
- Broken Rice Imports in Angola
- Broken Rice Exports in Angola
Broken Rice Price in Angola (CIF) - 2022
The average broken rice import price stood at $336 per ton in 2022, waning by -2.6% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, average import prices hit record highs at $866 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($357 per ton), while the price for Brazil ($181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+38.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Broken Rice Price in Angola (FOB) - 2022
The average broken rice export price stood at $792 per ton in 2022, increasing by 4.8% against the previous year. Overall, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2019 when the average export price increased by 131%. As a result, the export price attained the peak level of $1,163 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gambia ($1,171 per ton), while the average price for exports to Namibia stood at $200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+1.2%), while the prices for the other major destinations experienced a decline.
Broken Rice Imports in Angola
In 2022, after three years of growth, there was significant decline in purchases abroad of broken rice, when their volume decreased by -8.2% to 17K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year.
In value terms, broken rice imports contracted to $5.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year.
Import of Broken Rice in Angola (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2.1 | 2.3 | 3.3 | 2.8 | 10.1% |
India | 0.8 | 1.7 | 2.8 | 2.5 | 46.2% |
Pakistan | 0.1 | 0.4 | 0.1 | 0.2 | 26.0% |
Brazil | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Myanmar | 0.1 | 0.2 | N/A | N/A | 100.0% |
Others | 0.1 | 0.3 | N/A | N/A | 200.0% |
Total | 3.4 | 5.0 | 6.3 | 5.6 | 18.1% |
Top Suppliers of Broken Rice to Angola in 2022:
- Thailand (8.1K tons)
- India (7.5K tons)
- Pakistan (0.6K tons)
- Brazil (0.5K tons)
Broken Rice Exports in Angola
In 2022, the amount of broken rice exported from Angola reached 5.7 tons, picking up by 5.2% compared with the previous year's figure. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 671%. As a result, the exports reached the peak of 6 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, broken rice exports rose notably to $4.5K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 447% against the previous year. As a result, the exports attained the peak of $4.9K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Broken Rice in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Gambia | 0.9 | 3.9 | 3.9 | 4.1 | 65.8% |
Namibia | N/A | 0.2 | 0.2 | 0.4 | 41.4% |
Spain | N/A | 0.9 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.9 | 4.9 | 4.1 | 4.5 | 71.0% |
Top Export Markets for Broken Rice from Angola in 2022:
- Gambia (3.5 tons)
- Namibia (2.2 tons)
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