Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola - 2022

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola (CIF) - 2022
  2. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola (CIF) - 2022

In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,949 per ton, increasing by 22% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 40%. Over the period under review, average import prices reached the maximum at $3,612 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5,009 per ton), while the price for India ($2,197 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola

In 2022, approx. 53 tons of spices; fruits of the genus capsicum or pimenta, crushed or ground were imported into Angola; with an increase of 1.7% against the previous year. Over the period under review, imports, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 36%.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground skyrocketed to $155K in 2022. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 90%.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal17131.078.3121-10.9%
Spain16.79.98.213.0-8.0%
South Africa9.78.17.58.6-3.9%
India0.80.23.06.4100.0%
United Arab Emirates3.01.32.14.413.6%
Turkey1.49.419.0N/A268.4%
Others7.86.17.21.8-38.7%
Total21066.0125155-9.6%

Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Angola in 2022:

  1. Portugal (41.0 tons)
  2. Spain (5.4 tons)
  3. India (2.9 tons)
  4. South Africa (1.8 tons)
  5. United Arab Emirates (0.9 tons)

Source: IndexBox Market Intelligence Platform

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