Price for Protein; Concentrates and Textured Protein Substances in Angola - 2022

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Angola (CIF) - 2022
  2. Price for Protein; Concentrates and Textured Protein Substances in Angola (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Angola
  4. Exports of Protein; Concentrates and Textured Protein Substances in Angola

Price for Protein; Concentrates and Textured Protein Substances in Angola (CIF) - 2022

The average import price for protein; concentrates and textured protein substanceses stood at $2,241 per ton in 2022, falling by -15.2% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38%. As a result, import price attained the peak level of $7,310 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,676 per ton), while the price for South Africa ($1,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%), while the prices for the other major suppliers experienced a decline.

Price for Protein; Concentrates and Textured Protein Substances in Angola (FOB) - 2022

The average export price for protein; concentrates and textured protein substanceses stood at $1,636 per ton in 2022, with a decrease of -26.6% against the previous year. Over the period under review, the export price, however, saw significant growth. The growth pace was the most rapid in 2016 an increase of 273% against the previous year. The export price peaked at $3,606 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($1,700 per ton), while the average price for exports to the United States amounted to $1,625 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+50.4%).

Imports of Protein; Concentrates and Textured Protein Substances in Angola

For the fourth consecutive year, Angola recorded growth in overseas purchases of protein; concentrates and textured protein substanceses, which increased by 268% to 1.3K tons in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of protein; concentrates and textured protein substanceses surged to $2.8M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Protein; Concentrates and Textured Protein Substances in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa18.225592.1958274.8%
Portugal38218927083029.5%
India38.624.18.1497134.4%
Turkey12421327823022.9%
Canada0.50.160.4134544.7%
Brazil6.53.314.156.7105.9%
Others314619181111-29.3%
Total8831,3049042,81747.2%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Angola in 2022:

  1. South Africa (586.1 tons)
  2. Portugal (294.2 tons)
  3. India (197.9 tons)
  4. Canada (64.6 tons)
  5. Turkey (62.5 tons)
  6. Brazil (19.9 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Angola

In 2022, the amount of protein; concentrates and textured protein substanceses exported from Angola skyrocketed to 66 kg, jumping by 408% compared with 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 16,400% against the previous year. As a result, the exports reached the peak of 495 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of protein; concentrates and textured protein substanceses soared to $108 in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 59,400%. As a result, the exports attained the peak of $1.8K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Protein; Concentrates and Textured Protein Substances in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.07.01.091.0257.0%
Cuba1.0N/AN/A17.0157.1%
CongoN/A55.0N/AN/A0%
Democratic Republic of the CongoN/A1,637N/AN/A0%
OthersN/A86.028.0N/A-67.4%
Total3.01,78529.0108230.2%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Angola in 2022:

  1. United States (56.0 kg)
  2. Cuba (10.0 kg)

Source: IndexBox Market Intelligence Platform

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