Bovine Animals; Live Price in Angola - 2022

Contents:

  1. Bovine Animals; Live Price in Angola (CIF) - 2022
  2. Bovine Animals; Live Price in Angola (FOB) - 2022
  3. Bovine Animals; Live Imports in Angola
  4. Bovine Animals; Live Exports in Angola

Bovine Animals; Live Price in Angola (CIF) - 2022

In December 2022, the average bovine animals; live import price amounted to $1,318 per unit, jumping by 34% against the previous month. Over the period from May 2022 to December 2022, it increased at an average monthly rate of +1.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Namibia ($1,323 per unit), while the price for Zambia stood at $955 per unit.

From May 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Namibia (+1.1%).

Bovine Animals; Live Price in Angola (FOB) - 2022

In 2022, the average bovine animals; live export price amounted to $1,239 per unit, falling by -3.9% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 862%. The export price peaked at $1,832 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,460 per unit), while the average price for exports to Namibia amounted to $908 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+19.9%).

Bovine Animals; Live Imports in Angola

Bovine animals; live imports into Angola soared to 4.4K units in 2022, picking up by 34% against the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 133% against the previous year. As a result, imports reached the peak of 5.6K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bovine animals; live imports surged to $5.4M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 200%. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Bovine Animals; Live in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia2.21.93.25.233.2%
ZambiaN/A0.1N/A0.10.0%
ChadN/A5.4N/AN/A0%
BrazilN/AN/AN/AN/A0%
Others0.20.1N/AN/A-50.0%
Total2.57.53.35.429.3%

Top Suppliers of Bovine Animals; Live to Angola in 2022:

  1. Namibia (4.2K units)
  2. Brazil (0.1K units)
  3. Zambia (0.1K units)

Bovine Animals; Live Exports in Angola

Bovine animals; live exports from Angola stood at 15 units in 2022, approximately equating 2021 figures. In general, exports showed a deep contraction. The smallest decline of -5.6% was in 2020. The exports peaked at 18 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bovine animals; live exports shrank slightly to $19K in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 9.4%. Over the period under review, the exports reached the maximum at $19K in 2021, and then declined in the following year.

Export of Bovine Animals; Live in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo4.75.712.913.140.7%
Namibia11.18.34.35.4-21.4%
CongoN/AN/A0.9N/A0%
United KingdomN/AN/A1.2N/A0%
Zambia0.53.7N/AN/A640.0%
PortugalN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.317.819.418.64.5%

Top Export Markets for Bovine Animals; Live from Angola in 2022:

  1. Democratic Republic of the Congo (9.0 units)
  2. Namibia (6.0 units)

Source: IndexBox Market Intelligence Platform

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