Price for Vegetable Products Not Elsewhere Specified or Included in Angola - 2022

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Angola (CIF) - 2022
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Angola (FOB) - 2022
  3. Imports of Vegetable Products Not Elsewhere Specified or Included in Angola
  4. Exports of Vegetable Products Not Elsewhere Specified or Included in Angola

Price for Vegetable Products Not Elsewhere Specified or Included in Angola (CIF) - 2022

The average import price for vegetable products not elsewhere specified or includeds stood at $1,903 per ton in 2022, picking up by 24% against the previous year. In general, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2016 an increase of 45%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 South Africa ($3,886 per ton), while the price for Namibia ($319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Angola (FOB) - 2022

In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $336 per ton, which is down by -42.1% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 45%. The export price peaked at $2,022 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($2,357 per ton), while the average price for exports to Mauritania totaled $267 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+68.3%).

Imports of Vegetable Products Not Elsewhere Specified or Included in Angola

In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable products not elsewhere specified or includeds, when their volume decreased by -9.3% to 280 tons. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 576%. As a result, imports attained the peak of 308 tons, and then dropped in the following year.

In value terms, imports of vegetable products not elsewhere specified or includeds stood at $532K in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 704%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Vegetable Products Not Elsewhere Specified or Included in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa4.99.5120183234.3%
Belgium8.411.9112128147.9%
India9.018.477.288.6114.3%
United States1.36.895.244.2224.0%
TunisiaN/AN/AN/A18.30%
France0.71.08.59.0134.3%
Namibia0.40.54.03.2100.0%
Others15.011.058.057.756.7%
Total39.759.1475532137.5%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Angola in 2022:

  1. India (84.7 tons)
  2. Belgium (52.6 tons)
  3. South Africa (47.1 tons)
  4. United States (37.7 tons)
  5. Tunisia (19.1 tons)
  6. France (14.5 tons)
  7. Namibia (9.9 tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Angola

In 2022, the amount of vegetable products not elsewhere specified or includeds exported from Angola skyrocketed to 56 tons, growing by 318% against 2021 figures. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetable products not elsewhere specified or includeds surged to $19K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetable Products Not Elsewhere Specified or Included in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritaniaN/AN/AN/A14.50%
KuwaitN/AN/AN/A4.10%
Democratic Republic of the CongoN/A5.0N/AN/A0%
FranceN/AN/A7.7N/A0%
Indonesia3.1N/AN/AN/A0%
CubaN/AN/A0.1N/A0%
Others0.2N/AN/A0.314.5%
Total3.25.07.818.980.8%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Angola in 2022:

  1. Mauritania (54.4 tons)
  2. Kuwait (1.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable products not elsewhere specified or included - Angola