Price for Spices; Mixtures of 2 or More Products of the Same Heading in Angola - 2022
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Angola (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Angola (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Angola
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Angola
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Angola (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $1,962 per ton in 2022, growing by 16% against the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, import price reached the peak level of $3,399 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($3,850 per ton), while the price for China ($657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Angola (FOB) - 2022
The average export price for spices; mixtures of 2 or more products of the same heading stood at $3,029 per ton in 2022, jumping by 1,549% against the previous year. Over the period under review, the export price, however, recorded a sharp curtailment. Over the period under review, the average export prices hit record highs at $26,625 per ton in 2015; however, from 2016 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 Zambia ($67,667 per ton), while the average price for exports to Italy ($400 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 Cuba (+1,510.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Angola
In 2022, the amount of spices; mixtures of 2 or more products of the same heading imported into Angola reduced to 238 tons, falling by -13.6% on the previous year. Over the period under review, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 19%. As a result, imports attained the peak of 276 tons, and then contracted in the following year.
In value terms, imports of spices; mixtures of 2 or more products of the same heading amounted to $468K in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year.
Import of Spices; Mixtures of 2 or More Products of the Same Heading in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 284 | 163 | 224 | 275 | -1.1% |
Turkey | 93.9 | 70.7 | 89.2 | 42.1 | -23.5% |
China | 33.1 | 3.3 | 18.0 | 35.5 | 2.4% |
South Africa | 48.0 | 24.7 | 34.2 | 33.7 | -11.1% |
Spain | 42.7 | 18.2 | 14.7 | 30.3 | -10.8% |
India | 12.8 | 35.6 | 19.7 | 21.2 | 18.3% |
Lebanon | 27.6 | 24.6 | 13.2 | 17.4 | -14.3% |
Others | 53.2 | 30.5 | 55.0 | 12.1 | -39.0% |
Total | 595 | 370 | 468 | 468 | -7.7% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Angola in 2022:
- Portugal (71.5 tons)
- Turkey (56.3 tons)
- China (54.1 tons)
- Spain (18.5 tons)
- India (11.9 tons)
- Lebanon (11.9 tons)
- South Africa (9.3 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Angola
In 2022, exports of spices; mixtures of 2 or more products of the same heading from Angola declined significantly to 103 kg, with a decrease of -83.8% compared with the previous year. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,795%. As a result, the exports reached the peak of 637 kg, and then declined markedly in the following year.
In value terms, exports of spices; mixtures of 2 or more products of the same heading skyrocketed to $312 in 2022. In general, exports continue to indicate a abrupt contraction.
Export of Spices; Mixtures of 2 or More Products of the Same Heading in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | N/A | N/A | N/A | 203 | 0% |
Cuba | N/A | N/A | 1.0 | 38.0 | 3700.0% |
United States | N/A | N/A | N/A | 37.0 | 0% |
Lebanon | N/A | N/A | N/A | 30.0 | 0% |
Italy | N/A | N/A | N/A | 4.0 | 0% |
Democratic Republic of the Congo | N/A | N/A | 50.0 | N/A | 0% |
France | 423 | 90.0 | 55.0 | N/A | -63.9% |
Liberia | N/A | N/A | 1.0 | N/A | 0% |
Others | 8.0 | 7.0 | 10.0 | N/A | 11.8% |
Total | 431 | 97.0 | 117 | 312 | -10.2% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Angola in 2022:
- Lebanon (40.0 kg)
- Cuba (40.0 kg)
- United States (10.0 kg)
- Italy (10.0 kg)
- Zambia (3.0 kg)
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