Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (FOB) - 2022
  2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (CIF) - 2022
  3. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola
  4. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (FOB) - 2022

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $2,878 per ton in 2022, rising by 26% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,580 per ton), while the average price for exports to Namibia ($2,518 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (CIF) - 2022

In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $1,675 per ton, waning by -39% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 35%. The import price peaked at $6,285 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,214 per ton), while the price for Portugal stood at $1,506 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola

In 2022, approx. 657 tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were exported from Angola; with a decrease of -20.1% against the previous year's figure. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 331% against the previous year. As a result, the exports reached the peak of 823 tons, and then reduced notably in the following year.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $1.9M in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 314% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China462N/A9611,06932.3%
Namibia5304476826979.6%
United StatesN/AN/AN/A1250%
Japan305N/AN/AN/A0%
CongoN/AN/A231N/A0%
OthersN/A5.7N/A0.2-81.3%
Total1,2984531,8751,89213.4%

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Angola in 2022:

  1. China (368.4 tons)
  2. Namibia (277.0 tons)
  3. United States (11.8 tons)

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola

In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds imported into Angola skyrocketed to 100 tons, picking up by 88% compared with the previous year's figure. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds expanded remarkably to $167K in 2022. Overall, imports, however, faced a abrupt setback.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal190101108143-9.0%
Spain59.771.632.517.4-33.7%
China3.80.90.5N/A-63.7%
Others9.916.34.76.3-14.0%
Total264190145167-14.2%

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Angola in 2022:

  1. Portugal (95.1 tons)
  2. Spain (2.4 tons)

Source: IndexBox Market Intelligence Platform

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