Angola: Paddy Rice Market 2024

Paddy Rice Market Size in Angola

In 2022, the Angolan paddy rice market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Paddy Rice Production in Angola

In value terms, paddy rice production dropped dramatically to $X in 2022 estimated in export price. In general, production continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

The average yield of paddy rice in Angola reached X tons per ha in 2022, remaining constant against the year before. Over the period under review, the yield indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paddy rice yield decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. The paddy rice yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The paddy rice harvested area in Angola contracted slightly to X ha in 2022, almost unchanged from 2021. Over the period under review, the harvested area faced a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to paddy rice production attained the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

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Paddy Rice Exports

Exports from Angola

In 2022, overseas shipments of paddy rice decreased by X% to X kg, falling for the third year in a row after three years of growth. Overall, exports showed a significant decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, paddy rice exports stood at $X in 2022. In general, exports faced a sharp setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for paddy rice exports from Angola, with a X% share of total exports. Moreover, paddy rice exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Malta (X kg), twofold.

From 2015 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (X% per year) and Cuba (X% per year).

From 2015 to 2022, the average annual growth rate of value to Malta was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Cuba (X% per year).

Export Prices by Country

In 2022, the average paddy rice export price amounted to $X per ton, approximately equating the previous year. In general, the export price showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($X per ton), while the average price for exports to Cuba ($X per ton) was amongst the lowest.

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

Paddy Rice Imports

Imports into Angola

In 2022, supplies from abroad of paddy rice increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, paddy rice imports surged to $X in 2022. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of paddy rice imports to Angola, with a combined X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of paddy rice to Angola, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

Import Prices by Country

The average paddy rice import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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