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Angola - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Angola - 2022
Contents:
- Tomato Ketchup Price in Angola (CIF) - 2022
- Tomato Ketchup Price in Angola (FOB) - 2022
- Tomato Ketchup Imports in Angola
- Tomato Ketchup Exports in Angola
Tomato Ketchup Price in Angola (CIF) - 2022
The average tomato ketchup import price stood at $1,484 per ton in 2022, picking up by 2.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. As a result, import price reached the peak level of $1,970 per ton. From 2015 to 2022, the average 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 Singapore ($2,883 per ton), while the price for the United Arab Emirates ($524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Price in Angola (FOB) - 2022
The average tomato ketchup export price stood at $2,271 per ton in 2022, surging by 3.8% against the previous year. Overall, the export price saw mild growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 127%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 Panama ($8,364 per ton), while the average price for exports to Bahamas ($462 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 Panama (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Imports in Angola
In 2022, approx. 1.9K tons of tomato ketchup and tomato sauces were imported into Angola; declining by -19.4% against the previous year. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of 2.3K tons, and then declined remarkably in the following year.
In value terms, tomato ketchup imports fell significantly to $2.8M in 2022. Over the period under review, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $3.4M, and then dropped notably in the following year.
Import of Tomato Ketchup in Angola (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 781 | 594 | 1,147 | 1,040 | 10.0% |
Portugal | 938 | 746 | 667 | 525 | -17.6% |
Netherlands | 124 | 214 | 92.3 | 349 | 41.2% |
Turkey | 369 | 230 | 248 | 178 | -21.6% |
Singapore | 128 | 108 | 233 | 176 | 11.2% |
Bosnia and Herzegovina | N/A | 19.3 | 34.5 | 169 | 195.9% |
United Arab Emirates | 3.5 | 11.6 | 53.4 | 33.9 | 113.2% |
Egypt | 309 | 43.1 | 22.7 | 17.0 | -62.0% |
Ethiopia | N/A | N/A | 304 | N/A | 0% |
Liberia | 153 | N/A | N/A | N/A | 0% |
Others | 419 | 219 | 559 | 285 | -12.1% |
Total | 3,225 | 2,185 | 3,362 | 2,773 | -4.9% |
Top Suppliers of Tomato Ketchup to Angola in 2022:
- Belgium (612.3 tons)
- Turkey (277.2 tons)
- Portugal (249.7 tons)
- Netherlands (215.1 tons)
- Bosnia and Herzegovina (155.3 tons)
- United Arab Emirates (64.8 tons)
- Singapore (61.2 tons)
- Egypt (14.8 tons)
Tomato Ketchup Exports in Angola
In 2022, shipments abroad of tomato ketchup and tomato sauces decreased by -8.2% to 889 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 when exports increased by 4.3%. As a result, the exports attained the peak of 999 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, tomato ketchup exports contracted modestly to $2K in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, the exports reached the peak of $2.1K, and then reduced modestly in the following year.
Export of Tomato Ketchup in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,197 | 1,377 | 351 | 1,130 | -1.9% |
Democratic Republic of the Congo | 118 | 166 | 716 | 361 | 45.2% |
Panama | 45.0 | 79.0 | 547 | 276 | 83.0% |
Namibia | 437 | 21.0 | 233 | 209 | -21.8% |
Bahamas | 33.0 | 13.0 | 84.0 | 43.0 | 9.2% |
Turkey | N/A | 198 | 28.0 | N/A | -85.9% |
Others | 1.0 | 68.0 | 158 | N/A | 1157.0% |
Total | 1,831 | 1,922 | 2,117 | 2,019 | 3.3% |
Top Export Markets for Tomato Ketchup from Angola in 2022:
- Spain (350.0 kg)
- Namibia (314.0 kg)
- Democratic Republic of the Congo (99.0 kg)
- Bahamas (93.0 kg)
- Panama (33.0 kg)
This report provides an in-depth analysis of the tomato ketchup market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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