Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola - 2022

Contents:

  1. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (CIF) - 2022
  2. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (FOB) - 2022
  3. Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola
  4. Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (CIF) - 2022

The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $4,300 per ton in 2022, rising by 75% against the previous year. Overall, the import price, however, recorded a deep setback. The import price peaked at $8,788 per ton in 2012; however, from 2013 to 2022, 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 Portugal ($12,333 per ton), while the price for Namibia ($2,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+91.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (FOB) - 2022

In 2022, the average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $2,596 per ton, dropping by -72.9% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $9,578 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($27,059 per ton), while the average price for exports to Democratic Republic of the Congo ($741 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 Panama (-11.4%).

Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola

In 2022, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Angola reduced markedly to 12 tons, declining by -55.2% on the previous year. In general, imports continue to indicate a sharp decline. The smallest decline of -27.7% was in 2020.

In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined remarkably to $52K in 2022. Overall, imports saw a significant contraction.

Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo16.013.59.728.020.5%
Spain0.40.81.114.3229.4%
Namibia0.60.10.25.6110.5%
Portugal3.323.31.53.30.0%
China31.1N/AN/AN/A0%
GermanyN/A10.7N/AN/A0%
United KingdomN/A18.5N/AN/A0%
Brazil23850.649.8N/A-54.3%
Others27.913.93.30.3-77.9%
Total31713165.751.5-45.4%

Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Angola in 2022:

  1. Congo (6.0 tons)
  2. Spain (3.2 tons)
  3. Namibia (2.5 tons)
  4. Portugal (0.3 tons)

Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola

In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat exported from Angola surged to 307 kg, with an increase of 85% on the year before. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined significantly to $797 in 2022. In general, exports, however, continue to indicate a precipitous setback.

Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Angola (USD)
COUNTRY20212022CAGR,
2021-2022
Marshall IslandsN/A4600%
Democratic Republic of the CongoN/A1630%
CyprusN/A83.00%
PanamaN/A64.00%
PortugalN/A27.00%
France1,590N/A0%
OthersN/AN/A0%
Total1,590797-49.9%

Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Angola in 2022:

  1. Democratic Republic of the Congo (220.0 kg)
  2. Panama (39.0 kg)
  3. Marshall Islands (17.0 kg)
  4. Cyprus (16.0 kg)
  5. Portugal (15.0 kg)

Source: IndexBox Market Intelligence Platform

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