Wine Lees; Argol Price in Angola - 2022

Wine Lees; Argol Price in Angola (CIF) - 2022

The average wine lees; argol import price stood at $4,347 per ton in 2022, increasing by 5.4% against the previous year. Over the period under review, the import price, however, faced a abrupt decline. The growth pace was the most rapid in 2017 when the average import price increased by 28% against the previous year. The import price peaked at $26,455 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to -16.5% per year.

Wine Lees; Argol Imports in Angola

In 2022, approx. 150 kg of wine lees; argol were imported into Angola; rising by 369% against 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wine lees; argol imports soared to $652 in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.