Angola - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Angola - 2022
Contents:
- Frozen Crustaceans Price in Angola (FOB) - 2022
- Frozen Crustaceans Price in Angola (CIF) - 2022
- Frozen Crustaceans Exports in Angola
- Frozen Crustaceans Imports in Angola
Frozen Crustaceans Price in Angola (FOB) - 2022
In 2022, the average frozen crustaceans export price amounted to $3,863 per ton, with a decrease of -34.5% against the previous year. Overall, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 430% against the previous year. The export price peaked at $9,391 per ton in 2017; however, from 2018 to 2022, the 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 the United States ($6,259 per ton), while the average price for exports to Japan ($2,364 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 China (+14.6%), while the prices for the other major destinations experienced a decline.
Frozen Crustaceans Price in Angola (CIF) - 2022
The average frozen crustaceans import price stood at $4,149 per ton in 2022, shrinking by -11.4% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 24%. The import price peaked at $8,333 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($9,229 per ton), while the price for China ($1,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Crustaceans Exports in Angola
In 2022, overseas shipments of frozen crustaceans decreased by -33.5% to 919 tons, falling for the second year in a row after two years of growth. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 119%. As a result, the exports reached the peak of 2.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen crustaceans exports declined rapidly to $3.5M in 2022. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 182%. As a result, the exports reached the peak of $18M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Frozen Crustaceans in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.7 | 18.1 | 6.4 | 1.6 | -34.5% |
| China | N/A | N/A | 1.0 | 1.2 | 20.0% |
| Japan | 0.8 | 0.2 | 0.7 | 0.7 | -4.4% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 6.5 | 18.4 | 8.1 | 3.5 | -18.6% |
Top Export Markets for Frozen Crustaceans from Angola in 2022:
- China (348.6 tons)
- Japan (297.5 tons)
- Spain (255.0 tons)
- United States (17.6 tons)
Frozen Crustaceans Imports in Angola
In 2022, purchases abroad of frozen crustaceans was finally on the rise to reach 105 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp downturn.
In value terms, frozen crustaceans imports skyrocketed to $434K in 2022. Overall, imports, however, showed a sharp decrease.
| Import of Frozen Crustaceans in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,123 | 317 | 117 | 238 | -40.4% |
| Argentina | 258 | 93.1 | N/A | 120 | -22.5% |
| Spain | 115 | 83.4 | 109 | 36.5 | -31.8% |
| India | N/A | 109 | N/A | 16.7 | -60.9% |
| South Africa | 57.6 | 12.2 | N/A | 12.4 | -40.1% |
| Netherlands | N/A | 4.8 | N/A | 7.6 | 25.8% |
| Vietnam | 537 | 233 | N/A | N/A | -56.6% |
| Others | 23.5 | 4.9 | 11.9 | 3.3 | -48.0% |
| Total | 2,114 | 857 | 237 | 434 | -41.0% |
Top Suppliers of Frozen Crustaceans to Angola in 2022:
- Portugal (76.5 tons)
- Argentina (13.0 tons)
- Spain (5.6 tons)
- India (4.0 tons)
- South Africa (2.1 tons)
- Netherlands (1.7 tons)
This report provides an in-depth analysis of the frozen crustaceans 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 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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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