Price for Flour, Meal, and Flakes of Potatoes in Angola - 2022

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Angola (CIF) - 2022
  2. Price for Flour, Meal, and Flakes of Potatoes in Angola (FOB) - 2022
  3. Imports of Flour, Meal, and Flakes of Potatoes in Angola
  4. Exports of Flour, Meal, and Flakes of Potatoes in Angola

Price for Flour, Meal, and Flakes of Potatoes in Angola (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $894 per ton, falling by -47.2% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49%. The import price peaked at $3,678 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 France ($2,890 per ton), while the price for India ($517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Flour, Meal, and Flakes of Potatoes in Angola (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $11,889 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price showed a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by 207%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2015 to 2022, the rate of growth in terms of prices for Cuba amounted to +47.7% per year.

Imports of Flour, Meal, and Flakes of Potatoes in Angola

Imports of flour, meal, and flakes of potatoeses into Angola surged to 925 tons in 2022, jumping by 345% compared with 2021 figures. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $828K in 2022. Over the period under review, imports enjoyed a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal657308216361-18.1%
TurkeyN/AN/AN/A3390%
India0.12.62.362.4754.5%
France23.87.228.353.531.0%
United States48.742.027.2N/A-25.3%
EgyptN/AN/A58.0N/A0%
Others43.920.419.711.4-36.2%
Total7733813528282.3%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Angola in 2022:

  1. Turkey (584.2 tons)
  2. Portugal (193.7 tons)
  3. India (120.6 tons)
  4. France (18.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Angola

Exports of flour, meal, and flakes of potatoeses from Angola was estimated at 9 kg in 2022, therefore, remained relatively stable against the year before. In general, exports recorded a precipitous decrease. The smallest decline of -87.5% was in 2020.

In value terms, exports of flour, meal, and flakes of potatoeses totaled $107 in 2022. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -61.8% was in 2020.

Export of Flour, Meal, and Flakes of Potatoes in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CubaN/AN/AN/A1070%
Namibia56.0N/AN/AN/A0%
Democratic Republic of the Congo23377.0N/AN/A-67.0%
Bahamas51.052.0N/AN/A2.0%
MaltaN/A1.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total340130N/A107-32.0%

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Angola in 2022:

  1. Cuba (9.0 kg)

Source: IndexBox Market Intelligence Platform

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