Price for Meat of Bovine Animals; Fresh or Chilled in Angola - 2022

Contents:

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

Price for Meat of Bovine Animals; Fresh or Chilled in Angola (CIF) - 2022

The average import price for meat of bovine animals; fresh or chilled stood at $4,598 per ton in 2022, with a decrease of -1.9% against the previous year. Over the period under review, the import price showed a deep contraction. The growth pace was the most rapid in 2017 an increase of 28%. Over the period under review, average import prices attained the maximum at $8,268 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Africa ($8,620 per ton), while the price for Spain ($2,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+32.1%), while the prices for the other major suppliers experienced a decline.

Price for Meat of Bovine Animals; Fresh or Chilled in Angola (FOB) - 2022

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $6,507 per ton, reducing by -19.9% against the previous year. In general, the export price, however, saw a tangible increase. The pace of growth was the most pronounced in 2020 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $9,271 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($37,000 per ton), while the average price for exports to Democratic Republic of the Congo ($741 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 Singapore (+81.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Fresh or Chilled in Angola

In 2022, after two years of decline, there was significant growth in supplies from abroad of meat of bovine animals; fresh or chilled, when their volume increased by 45% to 123 tons. Overall, imports, however, continue to indicate a abrupt decline.

In value terms, imports of meat of bovine animals; fresh or chilled soared to $564K in 2022. Over the period under review, imports, however, recorded a precipitous curtailment.

Import of Meat of Bovine Animals; Fresh or Chilled in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia1.90.50.4234397.5%
Congo59.56.012.612929.4%
Portugal29.327.918.711959.5%
Spain41.821.819.542.80.8%
Brazil17785.611.720.1-51.6%
South Africa3918.811.817.3-64.6%
Botswana18111278.4N/A-34.2%
China14.7N/AN/AN/A0%
Paraguay78.436.816.4N/A-54.3%
United Kingdom5.96.74.3N/A-14.6%
India423277206N/A-30.2%
United States42.011.87.5N/A-57.7%
Others23.016.97.51.3-61.6%
Total1,468612395564-27.3%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Angola in 2022:

  1. Namibia (54.8 tons)
  2. Congo (22.6 tons)
  3. Portugal (20.9 tons)
  4. Spain (15.2 tons)
  5. Brazil (7.0 tons)
  6. South Africa (2.0 tons)

Exports of Meat of Bovine Animals; Fresh or Chilled in Angola

In 2022, approx. 345 kg of meat of bovine animals; fresh or chilled were exported from Angola; which is down by -15% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 167% against the previous year. As a result, the exports attained the peak of 406 kg, and then dropped rapidly in the following year.

In value terms, exports of meat of bovine animals; fresh or chilled fell significantly to $2.2K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 218%. As a result, the exports attained the peak of $3.3K, and then shrank rapidly in the following year.

Export of Meat of Bovine Animals; Fresh or Chilled in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall IslandsN/AN/AN/A1,8870%
Democratic Republic of the CongoN/AN/A42.0163288.1%
CyprusN/AN/AN/A83.00%
PanamaN/AN/AN/A64.00%
PortugalN/AN/AN/A48.00%
Namibia1,286578127N/A-68.6%
BelgiumN/AN/A1,540N/A0%
FranceN/AN/A1,589N/A0%
Sao Tome and PrincipeN/A460N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,2861,0383,2982,24520.4%

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Angola in 2022:

  1. Democratic Republic of the Congo (220.0 kg)
  2. Marshall Islands (51.0 kg)
  3. Panama (39.0 kg)
  4. Portugal (19.0 kg)
  5. Cyprus (16.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; fresh or chilled - Angola