Cereals; Millet, Seed Price in Angola - 2022

Contents:

  1. Cereals; Millet, Seed Price in Angola (CIF) - 2022
  2. Cereals; Millet, Seed Imports in Angola

Cereals; Millet, Seed Price in Angola (CIF) - 2022

The average cereals; millet, seed import price stood at $1,101 per ton in December 2022, growing by 81% against the previous month. Overall, the import price continues to indicate a prominent expansion. The import price peaked at $1,146 per ton in September 2022; afterwards, it flattened through to December 2022.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From May 2022 to December 2022, the rate of growth in terms of prices for South Africa amounted to -1.3% per month.

Cereals; Millet, Seed Imports in Angola

In 2022, the amount of cereals; millet, seeds imported into Angola reduced markedly to 116 tons, falling by -38.7% on 2021. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 341%. As a result, imports attained the peak of 189 tons, and then reduced markedly in the following year.

In value terms, cereals; millet, seed imports fell remarkably to $156K in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of $213K, and then reduced remarkably in the following year.

Import of Cereals; Millet, Seed in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa11241.521315611.7%
ZambiaN/A23.4N/AN/A0%
Others0.233.30.1N/A-29.3%
Total11298.221315611.7%

Top Suppliers of Cereals; Millet, Seed to Angola in 2022:

  1. South Africa (115.8 tons)

Source: IndexBox Market Intelligence Platform

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