Price for Meat of Bovine Animals; Frozen in Angola - 2022

Contents:

  1. Price for Meat of Bovine Animals; Frozen in Angola (CIF) - 2022
  2. Price for Meat of Bovine Animals; Frozen in Angola (FOB) - 2022
  3. Imports of Meat of Bovine Animals; Frozen in Angola
  4. Exports of Meat of Bovine Animals; Frozen in Angola

Price for Meat of Bovine Animals; Frozen in Angola (CIF) - 2022

In 2022, the average import price for meat of bovine animals; frozen amounted to $4,564 per ton, falling by -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2020 an increase of 24%. The import price peaked at $4,719 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,140 per ton), while the price for Nicaragua ($589 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Bovine Animals; Frozen in Angola (FOB) - 2022

In 2022, the average export price for meat of bovine animals; frozen amounted to $4,719 per ton, increasing by 4.9% against the previous year. In general, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 82% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($13,159 per ton), while the average price for exports to Democratic Republic of the Congo ($2,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Frozen in Angola

In 2022, purchases abroad of meat of bovine animals; frozen was finally on the rise to reach 6.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp descent.

In value terms, meat of bovine animals; frozen imports dropped to $30M in 2022. Overall, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 2.7%.

Import of Meat of Bovine Animals; Frozen in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay0.90.11.06.896.2%
Brazil15.99.04.96.6-25.4%
Italy7.07.37.36.2-4.0%
India10.62.50.93.1-33.6%
Lebanon1.31.71.41.42.5%
Portugal1.91.31.21.0-19.3%
South Africa1.61.11.40.6-27.9%
Argentina1.10.50.10.4-28.6%
Nicaragua0.10.10.10.10.0%
Others5.65.611.73.4-15.3%
Total46.029.330.129.7-13.6%

Top Suppliers of Meat of Bovine Animals; Frozen to Angola in 2022:

  1. Italy (1443.0 tons)
  2. Paraguay (1417.5 tons)
  3. Brazil (1205.4 tons)
  4. India (914.6 tons)
  5. Lebanon (269.0 tons)
  6. Portugal (243.0 tons)
  7. Nicaragua (152.8 tons)
  8. South Africa (98.7 tons)
  9. Argentina (98.7 tons)

Exports of Meat of Bovine Animals; Frozen in Angola

In 2022, after two years of decline, there was significant growth in shipments abroad of meat of bovine animals; frozen, when their volume increased by 556% to 5 tons. In general, exports, however, faced a dramatic decrease.

In value terms, meat of bovine animals; frozen exports surged to $24K in 2022. Over the period under review, exports, however, saw a sharp slump.

Export of Meat of Bovine Animals; Frozen in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay86.330.82.517.0-41.8%
Spain19.98.00.64.2-40.5%
Democratic Republic of the Congo1.10.10.10.4-28.6%
Others6.74.90.32.0-33.2%
Total11443.83.423.6-40.8%

Top Export Markets for Meat of Bovine Animals; Frozen from Angola in 2022:

  1. Paraguay (4.4 tons)
  2. Spain (0.3 tons)
  3. Democratic Republic of the Congo (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; frozen - Angola