Angola - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Angola - 2022
Contents:
- Frozen Fruit Price in Angola (CIF) - 2022
- Frozen Fruit Price in Angola (FOB) - 2022
- Frozen Fruit Imports in Angola
- Frozen Fruit Exports in Angola
Frozen Fruit Price in Angola (CIF) - 2022
In 2022, the average frozen fruit import price amounted to $3,237 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $5,363 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Portugal ($3,276 per ton) and South Africa ($3,168 per ton), while the price for Namibia ($2,713 per ton) and China ($2,956 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Fruit Price in Angola (FOB) - 2022
In 2021, the average frozen fruit export price amounted to $1,035 per ton, approximately reflecting the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. The export price peaked at $2,065 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Portugal.
From 2015 to 2021, the rate of growth in terms of prices for Portugal amounted to -31.6% per year.
Frozen Fruit Imports in Angola
Frozen fruit imports into Angola fell markedly to 59 tons in 2022, declining by -36.4% on the year before. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 211%. As a result, imports attained the peak of 93 tons, and then dropped sharply in the following year.
In value terms, frozen fruit imports shrank remarkably to $191K in 2022. In general, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 246% against the previous year. As a result, imports reached the peak of $296K, and then dropped markedly in the following year.
Import of Frozen Fruit in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 0.2 | 0.5 | 1.7 | 83.3 | 646.8% |
China | 29.0 | 19.3 | 61.3 | 45.6 | 16.3% |
Portugal | 83.9 | 55.8 | 100 | 45.0 | -18.8% |
Namibia | 4.3 | 5.8 | 12.7 | 8.6 | 26.0% |
Belgium | 2.5 | 0.7 | 7.5 | 1.6 | -13.8% |
Others | 2.4 | 3.4 | 113 | 7.0 | 42.9% |
Total | 122 | 85.6 | 296 | 191 | 16.1% |
Top Suppliers of Frozen Fruit to Angola in 2022:
- South Africa (26.3 tons)
- China (15.4 tons)
- Portugal (13.7 tons)
- Namibia (3.2 tons)
- Belgium (0.1 tons)
Frozen Fruit Exports in Angola
In 2021, approx. 6.4 tons of frozen fruits were exported from Angola; approximately reflecting 2020. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to continue growth in the near future.
In value terms, frozen fruit exports amounted to $6.6K in 2021. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.
Export of Frozen Fruit in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Portugal | N/A | N/A | 1,582 | 0% | |
Namibia | 406 | N/A | N/A | 0% | |
Others | N/A | N/A | 5,032 | 0% | |
Total | 406 | N/A | 6,614 | 303.6% |
Top Export Markets for Frozen Fruit from Angola in 2022:
- Portugal (3.2 tons)
This report provides an in-depth analysis of the frozen fruit market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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