Frozen Tilapia Fillets Price in Angola - 2022
Contents:
Frozen Tilapia Fillets Price in Angola (CIF) - 2022
The average frozen tilapia fillets import price stood at $13,875 per ton in 2022, rising by 150% against the previous year. Over the period under review, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 228%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +46.4% per year.
Frozen Tilapia Fillets Imports in Angola
For the third consecutive year, Angola recorded decline in purchases abroad of frozen tilapia fillets, which decreased by -99.8% to 16 kg in 2022. Over the period under review, imports continue to indicate a dramatic descent. The smallest decline of -26.8% was in 2021.
In value terms, frozen tilapia fillets imports contracted significantly to $222 in 2022. In general, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports attained the peak of $106K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Frozen Tilapia Fillets in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 0.9 | 0.3 | 0.3 | 0.2 | -39.4% |
Spain | N/A | 70.6 | N/A | N/A | 0% |
Belgium | 34.9 | 15.9 | 28.4 | N/A | -9.8% |
China | 56.1 | 18.5 | 23.8 | N/A | -34.9% |
Others | 1.2 | 0.3 | 0.4 | N/A | -42.3% |
Total | 93.0 | 106 | 52.9 | 0.2 | -87.1% |
Top Suppliers of Frozen Tilapia Fillets to Angola in 2022:
- Portugal (16.0 kg)
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