Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,794 per ton in 2022, growing by 27% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. Over the period under review, average import prices hit record highs at $6,230 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,974 per ton), while the price for New Zealand ($3,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,912 per ton in 2022, surging by 166% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $4,188 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sao Tome and Principe ($5,261 per ton), while the average price for exports to Portugal ($716 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-4.3%), while the prices for the other major destinations experienced a decline.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola
In 2022, imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Angola declined notably to 11K tons, which is down by -28.8% on the previous year's figure. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 47%.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% shrank to $54M in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 52%.
Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 4.0 | 1.5 | 2.7 | 4.9 | 7.0% |
Netherlands | 11.8 | 1.8 | 2.4 | 3.4 | -34.0% |
New Zealand | 3.3 | 0.6 | 2.2 | 3.4 | 1.0% |
Malaysia | 0.8 | 1.0 | 2.9 | 2.6 | 48.1% |
United Arab Emirates | 0.2 | 0.6 | 2.0 | 2.4 | 128.9% |
Portugal | 1.6 | 0.2 | 2.3 | 1.7 | 2.0% |
Belgium | 4.0 | 9.6 | 11.7 | 1.5 | -27.9% |
Singapore | 0.6 | 0.8 | 1.5 | 1.0 | 18.6% |
United States | N/A | 0.1 | 1.1 | 0.9 | 200.0% |
Argentina | 0.1 | 0.2 | 0.5 | 0.8 | 100.0% |
United Kingdom | 0.7 | 0.3 | 1.1 | 0.6 | -5.0% |
Uruguay | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
France | 0.1 | 1.0 | N/A | 0.5 | 71.0% |
Others | 50.2 | 21.5 | 28.8 | 29.5 | -16.2% |
Total | 77.4 | 39.2 | 59.4 | 53.7 | -11.5% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Angola in 2022:
- New Zealand (1041.6 tons)
- Ireland (933.0 tons)
- United Arab Emirates (519.9 tons)
- Netherlands (516.7 tons)
- Malaysia (424.9 tons)
- Portugal (347.7 tons)
- Belgium (250.4 tons)
- Singapore (177.2 tons)
- Argentina (137.5 tons)
- United States (129.0 tons)
- Uruguay (106.4 tons)
- United Kingdom (84.7 tons)
- France (80.4 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola
In 2022, approx. 57 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Angola; picking up by 576% against the year before. Over the period under review, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $225K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sao Tome and Principe | 54.8 | 0.2 | 1.2 | 200 | 54.0% |
Democratic Republic of the Congo | 22.9 | 3.8 | 11.2 | 4.7 | -41.0% |
Portugal | 0.3 | N/A | N/A | 0.8 | 38.7% |
Others | 22.9 | 4.4 | N/A | 19.7 | -4.9% |
Total | 101 | 8.4 | 12.5 | 225 | 30.6% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Angola in 2022:
- Sao Tome and Principe (37.9 tons)
- Democratic Republic of the Congo (3.6 tons)
- Portugal (1.2 tons)
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