Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Angola - 2022

Contents:

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

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

The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $642 per ton in 2022, with a decrease of -75.9% against the previous year. In general, the import price saw a precipitous slump. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. The import price peaked at $13,500 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to -4.9% per year.

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

In 2022, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $40,471 per ton, increasing by 697% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Namibia amounted to +16.8% per year.

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Angola

For the fourth year in a row, Angola recorded growth in purchases abroad of fresh or chilled carcasses and half-carcasses of bovine meat, which increased by 3,752% to 351 tons in 2022. Over the period under review, imports continue to indicate 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 fresh or chilled carcasses and half-carcasses of bovine meat soared to $225K in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 864% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Angola in 2022:

1. Namibia (350.8 tons)

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Angola

For the third year in a row, Angola recorded decline in shipments abroad of fresh or chilled carcasses and half-carcasses of bovine meat, which decreased by -32% to 17 kg in 2022. Overall, exports saw a significant decrease. The smallest decline of -25.1% was in 2020.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat soared to $688 in 2022. Over the period under review, exports showed a abrupt slump.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Angola in 2022:

1. Marshall Islands (17.0 kg)

Source: IndexBox Market Intelligence Platform