Broken Rice Price in Angola - 2022

Contents:

  1. Broken Rice Price in Angola (CIF) - 2022
  2. Broken Rice Price in Angola (FOB) - 2022
  3. Broken Rice Imports in Angola
  4. Broken Rice Exports in Angola

Broken Rice Price in Angola (CIF) - 2022

The average broken rice import price stood at $336 per ton in 2022, waning by -2.6% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, average import prices hit record highs at $866 per ton in 2013; however, from 2014 to 2022, 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 Pakistan ($357 per ton), while the price for Brazil ($181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+38.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Broken Rice Price in Angola (FOB) - 2022

The average broken rice export price stood at $792 per ton in 2022, increasing by 4.8% against the previous year. Overall, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2019 when the average export price increased by 131%. As a result, the export price attained the peak level of $1,163 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gambia ($1,171 per ton), while the average price for exports to Namibia stood at $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+1.2%), while the prices for the other major destinations experienced a decline.

Broken Rice Imports in Angola

In 2022, after three years of growth, there was significant decline in purchases abroad of broken rice, when their volume decreased by -8.2% to 17K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year.

In value terms, broken rice imports contracted to $5.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year.

Import of Broken Rice in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2.12.33.32.810.1%
India0.81.72.82.546.2%
Pakistan0.10.40.10.226.0%
Brazil0.10.10.10.10.0%
Myanmar0.10.2N/AN/A100.0%
Others0.10.3N/AN/A200.0%
Total3.45.06.35.618.1%

Top Suppliers of Broken Rice to Angola in 2022:

  1. Thailand (8.1K tons)
  2. India (7.5K tons)
  3. Pakistan (0.6K tons)
  4. Brazil (0.5K tons)

Broken Rice Exports in Angola

In 2022, the amount of broken rice exported from Angola reached 5.7 tons, picking up by 5.2% compared with the previous year's figure. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 671%. As a result, the exports reached the peak of 6 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, broken rice exports rose notably to $4.5K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 447% against the previous year. As a result, the exports attained the peak of $4.9K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Broken Rice in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gambia0.93.93.94.165.8%
NamibiaN/A0.20.20.441.4%
SpainN/A0.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.94.94.14.571.0%

Top Export Markets for Broken Rice from Angola in 2022:

  1. Gambia (3.5 tons)
  2. Namibia (2.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Broken Rice - Angola