Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Angola - 2022

Contents:

  1. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (CIF) - 2022
  2. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (FOB) - 2022
  3. Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola
  4. Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (CIF) - 2022

The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,040 per unit in 2022, increasing by 6.8% against the previous year. In general, import price indicated a moderate expansion from 2014 to 2022: its price increased at an average annual rate of +2.4% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cattle; live, other than pure-bred breeding animalses increased by +19.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 73% against the previous year. The import price peaked at $1,159 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($1,040 per unit), while the price for Zambia ($1,034 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (FOB) - 2022

In 2022, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $1,067 per unit, picking up by 14% against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 2,733% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($1,216 per unit), while the average price for exports to Democratic Republic of the Congo amounted to $1,042 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+13.9%).

Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola

In 2022, overseas purchases of cattle; live, other than pure-bred breeding animalses decreased by -52.7% to 1.5K units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of 3.3K units, and then declined rapidly in the following year.

In value terms, imports of cattle; live, other than pure-bred breeding animalses contracted dramatically to $1.6M in 2022. Overall, imports, however, saw a modest increase. The growth pace was the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of $3.2M, and then dropped sharply in the following year.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia1,2751,7572,8761,2870.3%
South Africa14717920028424.5%
Zambia23.635.544.529.07.1%
Others1013.050.2N/A-29.5%
Total1,5471,9753,1701,6001.1%

Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Angola in 2022:

  1. Namibia (1238.0 units)
  2. South Africa (273.0 units)
  3. Zambia (28.0 units)

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola

In 2022, overseas shipments of cattle; live, other than pure-bred breeding animalses decreased by -12.5% to 7 units, falling for the second year in a row after two years of growth. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 324%. As a result, the exports reached the peak of 72 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cattle; live, other than pure-bred breeding animalses contracted modestly to $7.5K in 2022. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 332% against the previous year. As a result, the exports reached the peak of $65K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo4.747.03.96.310.3%
Namibia9.912.33.61.2-50.5%
Zambia0.55.7N/AN/A1040.0%
OthersN/A0.1N/AN/A0%
Total15.165.17.57.5-20.8%

Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Angola in 2022:

  1. Democratic Republic of the Congo (6.0 units)
  2. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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