Angola - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSweet Potato Price in Angola - 2022
Contents:
- Sweet Potato Price in Angola (CIF) - 2022
- Sweet Potato Price in Angola (FOB) - 2022
- Sweet Potato Imports in Angola
- Sweet Potato Exports in Angola
Sweet Potato Price in Angola (CIF) - 2022
The average sweet potato import price stood at $1,566 per ton in 2022, falling by -34.8% against the previous year. Over the period under review, the import price, however, enjoyed a measured increase. The growth pace was the most rapid in 2016 when the average import price increased by 128%. Over the period under review, average import prices hit record highs at $2,403 per ton in 2021, and then dropped notably in the following year.
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 Namibia ($2,000 per ton), while the price for South Africa ($176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+16.9%), while the prices for the other major suppliers experienced a decline.
Sweet Potato Price in Angola (FOB) - 2022
In 2022, the average sweet potato export price amounted to $857 per ton, rising by 54% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 293% against the previous year. As a result, the export price attained the peak level of $9,507 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +223.6% per year.
Sweet Potato Imports in Angola
After two years of decline, purchases abroad of sweet potatoes increased by 38% to 1.9 tons in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sweet potato imports fell to $2.9K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%.
| Import of Sweet Potato in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 1,332 | 0% |
| Egypt | N/A | N/A | N/A | 222 | 0% |
| South Africa | 41.0 | 5.0 | 16.0 | 3.0 | -58.2% |
| Namibia | 198 | 7.0 | 16.0 | 2.0 | -78.4% |
| Brazil | 30.0 | 2.0 | 6.0 | 1.0 | -67.8% |
| Portugal | 548 | 27.0 | 345 | 1.0 | -87.8% |
| China | 150 | N/A | N/A | N/A | 0% |
| Sri Lanka | N/A | 2,535 | 2,839 | N/A | 12.0% |
| Democratic Republic of the Congo | 415 | N/A | N/A | N/A | 0% |
| Others | 548 | N/A | N/A | 1,337 | 34.6% |
| Total | 1,930 | 2,576 | 3,222 | 2,898 | 14.5% |
Top Suppliers of Sweet Potato to Angola in 2022:
- Spain (855.0 kg)
- Egypt (116.0 kg)
- South Africa (17.0 kg)
- Brazil (4.0 kg)
- Portugal (1.0 kg)
- Namibia (1.0 kg)
Sweet Potato Exports in Angola
In 2022, shipments abroad of sweet potatoes was finally on the rise to reach 266 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp slump.
In value terms, sweet potato exports surged to $228 in 2022. In general, exports, however, recorded a precipitous shrinkage.
| Export of Sweet Potato in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1.0 | 0.3 | 0.1 | 0.2 | -41.5% |
| Portugal | N/A | 0.1 | N/A | N/A | 0% |
| Democratic Republic of the Congo | 10.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.5 | 0.4 | 0.1 | 0.2 | -74.1% |
Top Export Markets for Sweet Potato from Angola in 2022:
- Namibia (266.0 kg)
This report provides an in-depth analysis of the sweet potato market in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 122 - Sweet potatoes
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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