Price for Frozen Concentrated Orange Juice in Angola - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Angola (FOB) - 2022
- Price for Frozen Concentrated Orange Juice in Angola (CIF) - 2022
- Exports of Frozen Concentrated Orange Juice in Angola
- Imports of Frozen Concentrated Orange Juice in Angola
Price for Frozen Concentrated Orange Juice in Angola (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $576 per ton, picking up by 16% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 49% against the previous year. The export price peaked at $1,079 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -6.1% per year.
Price for Frozen Concentrated Orange Juice in Angola (CIF) - 2022
The average frozen concentrated orange juice import price stood at $1,503 per ton in 2022, rising by 2.3% against the previous year. Over the period under review, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 141%. As a result, import price attained the peak level of $3,297 per ton. From 2015 to 2022, the average import prices remained at a 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 Portugal ($9,851 per ton), while the price for Lebanon ($467 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Concentrated Orange Juice in Angola
Frozen concentrated orange juice exports from Angola reached 1.4 tons in 2022, almost unchanged from 2021. Over the period under review, exports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year.
In value terms, frozen concentrated orange juice exports surged to $822 in 2022. Overall, exports, however, faced a deep slump.
| Export of Frozen Concentrated Orange Juice in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 728 | 944 | 347 | 822 | 4.1% |
| Congo | 460 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 352 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,188 | 944 | 699 | 822 | -11.6% |
Top Export Markets for Frozen Concentrated Orange Juice from Angola in 2022:
- Democratic Republic of the Congo (1.4 tons)
Imports of Frozen Concentrated Orange Juice in Angola
After two years of decline, purchases abroad of frozen concentrated orange juice increased by 61% to 9.3 tons in 2022. Overall, imports, however, showed a dramatic setback.
In value terms, frozen concentrated orange juice imports soared to $14K in 2022. In general, imports, however, showed a precipitous setback.
| Import of Frozen Concentrated Orange Juice in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.7 | 5.2 | 3.2 | 5.4 | -11.2% |
| Italy | 6.8 | 3.8 | 1.9 | 2.7 | -26.5% |
| South Africa | 3.4 | 3.8 | 0.7 | 1.8 | -19.1% |
| Portugal | 6.2 | 2.6 | 0.9 | 1.3 | -40.6% |
| Spain | 1.6 | 1.0 | 0.6 | 0.9 | -17.5% |
| Lebanon | 3.1 | 0.9 | 0.3 | 0.8 | -36.3% |
| Brazil | 2.4 | 1.1 | 0.5 | 0.5 | -40.7% |
| Others | 7.7 | 0.9 | 0.2 | 0.4 | -62.7% |
| Total | 38.9 | 19.4 | 8.5 | 14.0 | -28.9% |
Top Suppliers of Frozen Concentrated Orange Juice to Angola in 2022:
- Italy (3.4 tons)
- Lebanon (1.7 tons)
- United States (1.6 tons)
- South Africa (1.4 tons)
- Brazil (0.5 tons)
- Spain (0.3 tons)
- Portugal (0.1 tons)
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