Price for Food Preparations Not Elsewhere Specified or Included in Angola - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Angola (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Angola (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Angola
- Exports of Food Preparations Not Elsewhere Specified or Included in Angola
Price for Food Preparations Not Elsewhere Specified or Included in Angola (CIF) - 2022
In 2022, the average import price for food preparations not elsewhere specified or included amounted to $3,011 per ton, increasing by 35% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2015 an increase of 61%. Over the period under review, average import prices attained the peak figure at $3,753 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 United States ($12,520 per ton), while the price for Turkey ($1,210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Angola (FOB) - 2022
The average export price for food preparations not elsewhere specified or included stood at $2,070 per ton in 2022, jumping by 32% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 112%. The export price peaked at $4,751 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,843 per ton), while the average price for exports to Portugal ($909 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 the United States (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Food Preparations Not Elsewhere Specified or Included in Angola
Imports of food preparations not elsewhere specified or included into Angola skyrocketed to 16K tons in 2022, growing by 45% compared with 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of food preparations not elsewhere specified or included soared to $49M in 2022. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Food Preparations Not Elsewhere Specified or Included in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1.5 | 1.3 | 2.1 | 9.6 | 85.7% |
| Portugal | 4.9 | 4.0 | 4.9 | 8.0 | 17.8% |
| Belgium | 13.7 | 3.2 | 4.4 | 6.4 | -22.4% |
| Turkey | 1.5 | 4.6 | 4.2 | 5.3 | 52.3% |
| India | 5.1 | 1.7 | 2.8 | 5.2 | 0.6% |
| Netherlands | 0.6 | 0.3 | 0.3 | 4.7 | 98.6% |
| Malta | 2.2 | 0.8 | 0.8 | 1.8 | -6.5% |
| Spain | 1.9 | 0.6 | 0.9 | 1.8 | -1.8% |
| France | 1.7 | 2.7 | 1.0 | 0.9 | -19.1% |
| China | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Egypt | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Others | 3.2 | 3.3 | 3.0 | 4.7 | 13.7% |
| Total | 37.1 | 23.1 | 25.2 | 49.2 | 9.9% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Angola in 2022:
- Turkey (4.4K tons)
- India (2.6K tons)
- South Africa (2.1K tons)
- Portugal (1.6K tons)
- Belgium (1.6K tons)
- Netherlands (0.8K tons)
- Spain (0.8K tons)
- Egypt (0.4K tons)
- Malta (0.3K tons)
- China (0.3K tons)
- France (0.2K tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Angola
In 2022, after two years of decline, there was significant growth in shipments abroad of food preparations not elsewhere specified or included, when their volume increased by 240% to 2.5 tons. Overall, exports, however, faced a precipitous decline.
In value terms, exports of food preparations not elsewhere specified or included surged to $5.1K in 2022. Over the period under review, exports, however, recorded a significant curtailment.
| Export of Food Preparations Not Elsewhere Specified or Included in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 2.8 | 0% |
| Portugal | N/A | 0.1 | N/A | 1.2 | 246.4% |
| United States | N/A | N/A | N/A | 0.5 | 0% |
| Brazil | N/A | N/A | N/A | 0.2 | 0% |
| Cuba | N/A | 0.1 | 0.5 | 0.2 | 41.4% |
| France | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Mozambique | 40.1 | 4.9 | N/A | N/A | -87.8% |
| Guinea-Bissau | 11.0 | N/A | N/A | N/A | 0% |
| Congo | N/A | 0.7 | N/A | N/A | 0% |
| Cabo Verde | 10.8 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 2.1 | 0.5 | 0.1 | 0.0% |
| Total | 62.0 | 7.9 | 1.1 | 5.1 | -56.5% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Angola in 2022:
- Portugal (1366.0 kg)
- Germany (685.0 kg)
- Brazil (149.0 kg)
- United States (108.0 kg)
- Cuba (68.0 kg)
- France (44.0 kg)
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