Angola: Coffee Extract Market 2024

Coffee Extract Market Size in Angola

In 2022, the Angolan coffee extract market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Coffee Extract Production in Angola

In value terms, coffee extract production fell significantly to $X in 2022 estimated in export price. In general, production, however, showed a measured increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Coffee Extract Exports

Exports from Angola

In 2022, the amount of coffee extracts, essences and concentrates exported from Angola surged to X tons, growing by X% against the previous year. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, coffee extract exports skyrocketed to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Portugal (X tons) and the United States (X kg) were the main destinations of coffee extract exports from Angola, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), Portugal ($X) and the United States ($X) were the largest markets for coffee extract exported from Angola worldwide, with a combined X% share of total exports.

Among the main countries of destination, Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average coffee extract export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price posted a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the United States ($X 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 Lebanon (X%), while the prices for the other major destinations experienced mixed trend patterns.

Coffee Extract Imports

Imports into Angola

In 2022, supplies from abroad of coffee extracts, essences and concentrates increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports enjoyed a temperate expansion. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, coffee extract imports skyrocketed to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tons), Portugal (X tons) and Poland (X tons) were the main suppliers of coffee extract imports to Angola, with a combined X% share of total imports. Ghana, Cote d'Ivoire, South Africa, India and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cote d'Ivoire (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Turkey ($X) and Cote d'Ivoire ($X) appeared to be the largest coffee extract suppliers to Angola, with a combined X% share of total imports.

In terms of the main suppliers, Cote d'Ivoire, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coffee extract import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Cote d'Ivoire ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :