Price for Fish Meal; Fit for Human Consumption in Angola - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Angola (FOB) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Angola (CIF) - 2022
3. Exports of Fish Meal; Fit for Human Consumption in Angola
4. Imports of Fish Meal; Fit for Human Consumption in Angola

Price for Fish Meal; Fit for Human Consumption in Angola (FOB) - 2022

The average export price for fish meal; fit for human consumptia stood at $235,758 per ton in 2022, approximately mirroring the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 36,416% against the previous year. The export price peaked at $478,830 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($502,163 per ton), while the average price for exports to Chile amounted to $115,035 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.7%), while the prices for the other major destinations experienced a decline.

Price for Fish Meal; Fit for Human Consumption in Angola (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $677 per ton, flattening at the previous year. Overall, the import price recorded a sharp contraction. The growth pace was the most rapid in 2017 when the average import price increased by 132% against the previous year. As a result, import price attained the peak level of $6,538 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($4,022 per ton), while the price for Namibia ($333 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-3.6%), while the prices for the other major suppliers experienced a decline.

Exports of Fish Meal; Fit for Human Consumption in Angola

In 2022, exports of fish meal; fit for human consumptia from Angola stood at 414 kg, leveling off at 2021. Over the period under review, exports showed a precipitous decline. The smallest decline of -39.2% was in 2020.

In value terms, exports of fish meal; fit for human consumptia amounted to $98K in 2022. In general, exports showed a dramatic downturn. The smallest decline of -43.6% was in 2020.

Top Export Markets for Fish Meal; Fit for Human Consumption from Angola in 2022:

1. Chile (283.0 kg)
2. Vietnam (129.0 kg)

Imports of Fish Meal; Fit for Human Consumption in Angola

For the third year in a row, Angola recorded decline in purchases abroad of fish meal; fit for human consumptia, which decreased by 0% to 1.2 tons in 2022. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -81.4% was in 2020.

In value terms, imports of fish meal; fit for human consumptia amounted to $829 in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -85.3% was in 2020.

Top Suppliers of Fish Meal; Fit for Human Consumption to Angola in 2022:

1. Portugal (1177.0 kg)
2. South Africa (45.0 kg)

Source: IndexBox Market Intelligence Platform