Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Angola - 2022

Contents:

  1. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (CIF) - 2022
  2. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (FOB) - 2022
  3. Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola
  4. Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (CIF) - 2022

In 2022, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $5,600 per ton, declining by -36.4% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 20% against the previous year. The import price peaked at $9,561 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 South Africa ($17,071 per ton), while the price for Brazil ($3,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (FOB) - 2022

In 2022, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $36,238 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($43,471 per ton), while the average price for exports to Portugal stood at $5,500 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-3.6%).

Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola

In 2022, overseas purchases of fresh or chilled boneless cuts of bovine meat were finally on the rise to reach 51 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous contraction.

In value terms, imports of fresh or chilled boneless cuts of bovine meat shrank to $287K in 2022. Over the period under review, imports, however, saw a precipitous setback.

Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal24.711.58.611567.0%
Congo46.13.55.088.424.2%
Spain18.313.010.728.415.8%
Brazil56.940.06.420.1-29.3%
South Africa33915110617.3-62.9%
Namibia0.80.20.816.2172.6%
Botswana16166.443.0N/A-48.3%
Paraguay69.721.99.0N/A-64.1%
India376165113N/A-45.2%
Others57.35.43.11.0-74.1%
Total1,149478305287-37.0%

Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Angola in 2022:

  1. Portugal (19.6 tons)
  2. Congo (16.2 tons)
  3. Spain (7.6 tons)
  4. Brazil (5.4 tons)
  5. Namibia (1.3 tons)
  6. South Africa (1.0 tons)

Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola

In 2022, overseas shipments of fresh or chilled boneless cuts of bovine meat decreased by 0% to 21 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a abrupt descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of fresh or chilled boneless cuts of bovine meat totaled $761 in 2022. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall IslandsN/AN/AN/A7390%
PortugalN/AN/AN/A22.00%
Namibia115N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total115N/AN/A76187.7%

Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Angola in 2022:

  1. Marshall Islands (17.0 kg)
  2. Portugal (4.0 kg)

Source: IndexBox Market Intelligence Platform

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