Angola - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Angola - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights

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Oil Crops Price in Angola - 2022

Contents:

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

Oil Crops Price in Angola (CIF) - 2022

The average oil crops import price stood at $1,380 per ton in 2022, which is down by -17.2% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 106% against the previous year. Over the period under review, average import prices reached the maximum at $2,677 per ton in 2012; however, from 2013 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 Portugal ($2,827 per ton), while the price for Democratic Republic of the Congo ($205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Oil Crops Price in Angola (FOB) - 2022

The average oil crops export price stood at $754 per ton in 2022, rising by 52% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The growth pace was the most rapid in 2019 an increase of 1,250% against the previous year. As a result, the export price reached the peak level of $2,409 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,610 per ton), while the average price for exports to Congo ($342 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 Canada (+227.7%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports in Angola

In 2022, supplies from abroad of oil crops (primary) was finally on the rise to reach 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp descent.

In value terms, oil crops imports surged to $2.3M in 2022. In general, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year.

Import of Oil Crops in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil42620532377822.2%
Portugal37324162159616.9%
South Africa14913941.146746.3%
Zambia37.715.711.810339.8%
China15422.720.090.4-16.3%
Democratic Republic of the Congo26.312.427.457.429.7%
Vietnam83.056.554.134.3-25.5%
Sao Tome and Principe64.934.312.05.5-56.1%
Namibia64.124.126.33.8-61.0%
Turkey2990.16.90.2-91.3%
Uruguay525N/AN/AN/A0%
Others469404818213-23.1%
Total2,6701,1551,9622,349-4.2%

Top Suppliers of Oil Crops to Angola in 2022:

  1. Brazil (615.0 tons)
  2. Democratic Republic of the Congo (280.5 tons)
  3. Portugal (210.9 tons)
  4. South Africa (189.0 tons)
  5. Zambia (184.7 tons)
  6. China (62.1 tons)
  7. Vietnam (41.9 tons)
  8. Sao Tome and Principe (30.0 tons)
  9. Namibia (2.3 tons)
  10. Turkey (0.2 tons)

Oil Crops Exports in Angola

In 2022, exports of oil crops (primary) from Angola soared to 10 tons, with an increase of 295% on the year before. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, oil crops exports soared to $7.5K in 2022. Overall, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oil Crops in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A5.20%
Congo0.50.10.91.337.5%
Democratic Republic of the CongoN/AN/AN/A0.80%
Namibia3.92.60.1N/A-84.0%
Others0.11.60.20.226.0%
Total4.54.31.37.518.6%

Top Export Markets for Oil Crops from Angola in 2022:

  1. United States (5.4 tons)
  2. Congo (3.8 tons)
  3. Democratic Republic of the Congo (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oil crops 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:

  • FCL 249 - Coconuts
  • FCL 236 - Soybeans
  • FCL 242 - Groundnuts, in shell
  • FCL 333 - Linseed
  • FCL 270 - Rapeseed or colza seed
  • FCL 267 - Sunflower seed
  • FCL 289 - Sesame seed
  • FCL 292 - Mustard seed
  • FCL 296 - Poppy seed
  • FCL 265 - Castor Beans
  • FCL 336 - Hempseed
  • FCL 277 - Jojoba Seeds
  • FCL 310 - Kapok fruit
  • FCL 263 - Karite Nuts (Sheanuts)
  • FCL 299 - Melonseed
  • FCL 254 - [Oil palm fruit]
  • FCL 339 - Oilseeds nes
  • FCL 280 - Safflower seed
  • FCL 305 - Tallowtree Seeds
  • FCL 275 - Tung Nuts
  • FCL 311 - Kapokseed in shell
  • FCL 312 - Kapokseed, shelled
  • FCL 329 - Cottonseed

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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