Live Fish Price in Angola - 2022

Contents:

  1. Live Fish Price in Angola (FOB) - 2022
  2. Live Fish Price in Angola (CIF) - 2022
  3. Live Fish Exports in Angola
  4. Live Fish Imports in Angola

Live Fish Price in Angola (FOB) - 2022

The average live fish export price stood at $962 per ton in 2021, reducing by -1.7% against the previous year. Overall, the export price, however, recorded noticeable growth. Over the period under review, the average export prices hit record highs at $978 per ton in 2020, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2018 to 2021, the rate of growth in terms of prices for Ghana amounted to +7.6% per year.

Live Fish Price in Angola (CIF) - 2022

The average live fish import price stood at $7,865 per ton in 2022, growing by 30% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 48%. As a result, import price attained the peak level of $17,004 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 the Netherlands ($71,275 per ton), while the price for Portugal ($3,152 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the prices for the other major suppliers experienced a decline.

Live Fish Exports in Angola

In 2021, approx. 360 tons of live fish were exported from Angola; waning by -6.1% on the previous year's figure. In general, exports recorded a deep slump.

In value terms, live fish exports dropped to $346K in 2021. Over the period under review, exports showed a drastic downturn.

Export of Live Fish in Angola (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
SpainN/A3460%
Ghana375N/A0%
OthersN/AN/A0%
Total375346-7.7%

Top Export Markets for Live Fish from Angola in 2022:

  1. Spain (360.0 tons)

Live Fish Imports in Angola

In 2022, purchases abroad of live fish increased by 10% to 849 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp setback.

In value terms, live fish imports skyrocketed to $6.7K in 2022. Overall, imports, however, saw a significant curtailment.

Import of Live Fish in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.64.22.93.7-24.5%
Portugal5.63.51.22.3-25.7%
South Africa1.20.60.40.5-25.3%
Namibia0.10.20.10.10.0%
CongoN/AN/A0.1N/A0%
Israel95.9N/AN/AN/A0%
Others0.50.20.10.2-26.3%
Total1128.74.76.7-60.9%

Top Suppliers of Live Fish to Angola in 2022:

  1. Portugal (720.0 kg)
  2. Netherlands (52.0 kg)
  3. South Africa (49.0 kg)
  4. Namibia (25.0 kg)

Source: IndexBox Market Intelligence Platform

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