Price for Cereal Groats and Meal; of Maize (Corn) in Angola - 2022
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Angola (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in Angola (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Angola
- Exports of Cereal Groats and Meal; of Maize (Corn) in Angola
Price for Cereal Groats and Meal; of Maize (Corn) in Angola (CIF) - 2022
The average import price for cereal groats and meal; of maize (corn)s stood at $749 per ton in December 2022, increasing by 9.6% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in September 2022 an increase of 27% month-to-month. As a result, import price attained the peak level of $900 per ton. From October 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($951 per ton), while the price for South Africa ($603 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Maize (Corn) in Angola (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of maize (corn)s amounted to $472 per ton, remaining stable against the previous year. In general, the export price faced a precipitous curtailment. The pace of growth was the most pronounced in 2020 when the average export price decreased by -0.4%. The export price peaked at $2,500 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($483 per ton), while the average price for exports to Namibia amounted to $470 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-26.1%).
Imports of Cereal Groats and Meal; of Maize (Corn) in Angola
In 2022, imports of cereal groats and meal; of maize (corn)s into Angola soared to 24K tons, jumping by 20% compared with 2021. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 108% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of cereal groats and meal; of maize (corn)s surged to $17M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Cereal Groats and Meal; of Maize (Corn) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 141 | 125 | 1,039 | 6,698 | 262.2% |
| Spain | N/A | N/A | N/A | 3,272 | 0% |
| Ukraine | 55.5 | 92.7 | 463 | 2,202 | 241.1% |
| South Africa | 532 | 508 | 2,733 | 2,067 | 57.2% |
| Portugal | 2,868 | 1,461 | 2,757 | 1,429 | -20.7% |
| France | 293 | 145 | 64.0 | 695 | 33.4% |
| Brazil | 640 | 353 | 517 | 342 | -18.9% |
| Belgium | 463 | 82.9 | 157 | 236 | -20.1% |
| Poland | 371 | 284 | 336 | 94.0 | -36.7% |
| Congo | N/A | 1,629 | 1,292 | 55.7 | -81.5% |
| Romania | 305 | 285 | 601 | N/A | 40.4% |
| Others | 217 | 292 | 898 | 228 | 1.7% |
| Total | 5,886 | 5,258 | 10,858 | 17,317 | 43.3% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Angola in 2022:
- Turkey (8.3K tons)
- Spain (4.7K tons)
- South Africa (3.2K tons)
- Ukraine (2.9K tons)
- Portugal (2.4K tons)
- France (1.0K tons)
- Brazil (0.6K tons)
- Belgium (0.4K tons)
- Poland (0.2K tons)
- Congo (0.1K tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Angola
For the third year in a row, Angola recorded decline in shipments abroad of cereal groats and meal; of maize (corn)s, which decreased by 0% to 3.5 tons in 2022. Over the period under review, exports recorded a precipitous decline. The smallest decline of -63.7% was in 2020.
In value terms, exports of cereal groats and meal; of maize (corn)s totaled $1.7K in 2022. In general, exports recorded a dramatic decline. The smallest decline of -63.8% was in 2020.
| Export of Cereal Groats and Meal; of Maize (Corn) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 1.4 | 0% |
| Democratic Republic of the Congo | 6.1 | 2.2 | N/A | 0.3 | -63.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 2.2 | N/A | 1.7 | -34.7% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Angola in 2022:
- Namibia (2.9 tons)
- Democratic Republic of the Congo (0.6 tons)
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