Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,668 per ton in 2022, rising by 13% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $4,766 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Spain ($3,085 per ton), while the price for Senegal ($327 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $924 per ton, which is down by -15.6% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 99% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,570 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($971 per ton), while the average price for exports to Democratic Republic of the Congo ($897 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 Brazil (+73.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola
In 2022, approx. 4.2K tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Angola; growing by 3.9% on the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $7M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4,747 | 3,303 | 3,933 | 4,405 | -2.5% |
| Portugal | 752 | 709 | 478 | 878 | 5.3% |
| China | 383 | 514 | 399 | 550 | 12.8% |
| Belgium | 0.2 | 158 | 7.4 | 347 | 1101.6% |
| South Africa | 122 | 143 | 81.1 | 334 | 39.9% |
| Brazil | 400 | 3.8 | 6.3 | 109 | -35.2% |
| Senegal | 14.3 | 125 | 78.7 | 97.2 | 89.4% |
| Cote d'Ivoire | N/A | 274 | 187 | 78.3 | -46.5% |
| Vietnam | 1.1 | 9.9 | 60.7 | 50.0 | 256.9% |
| Others | 156 | 137 | 730 | 134 | -4.9% |
| Total | 6,575 | 5,376 | 5,962 | 6,984 | 2.0% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Angola in 2022:
- Spain (1427.8 tons)
- China (1285.3 tons)
- Portugal (472.2 tons)
- Senegal (297.3 tons)
- South Africa (250.6 tons)
- Belgium (120.8 tons)
- Vietnam (96.6 tons)
- Brazil (61.7 tons)
- Cote d'Ivoire (51.8 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola
In 2022, exports of soups and broths and preparations therefor; homogenised composite food preparationses from Angola surged to 7 tons, growing by 62% compared with the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,935% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $6.4K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 3,250% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.4 | N/A | 4.7 | 5.7 | 59.7% |
| United States | 0.6 | N/A | N/A | 0.2 | -30.7% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
| Total | 2.2 | 0.1 | 4.7 | 6.4 | 42.8% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Angola in 2022:
- Democratic Republic of the Congo (6.3 tons)
- United States (0.1 tons)
- Brazil (0.1 tons)
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