Angola: Sweet Potato Market 2024

Sweet Potato Market Size in Angola

For the fifth year in a row, the Angolan sweet potato market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2014 indices. Sweet potato consumption peaked at $X in 2014; afterwards, it flattened through to 2022.

Sweet Potato Production in Angola

In value terms, sweet potato production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Sweet potato production peaked at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average sweet potato yield in Angola expanded slightly to X tons per ha, surging by X% compared with the previous year. Over the period under review, the yield indicated strong growth 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, sweet potato yield increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the yield increased by X%. The sweet potato yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sweet potato harvested area in Angola amounted to X ha in 2022, stabilizing at the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to sweet potato production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Sweet Potato Exports

Exports from Angola

In 2022, shipments abroad of sweet potatoes was finally on the rise to reach X kg after two years of decline. In general, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, sweet potato exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X kg) was the main destination for sweet potato exports from Angola, accounting for a X% share of total exports. Moreover, sweet potato exports to Namibia exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X kg), threefold.

From 2015 to 2022, the average annual rate of growth in terms of volume to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Panama (X% per year).

In value terms, Namibia ($X), Democratic Republic of the Congo ($X) and Panama ($X) were the largest markets for sweet potato exported from Angola worldwide.

Panama, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Panama ($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 Panama (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sweet Potato Imports

Imports into Angola

Sweet potato imports into Angola dropped rapidly to X kg in 2022, with a decrease of X% on the previous year. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sweet potato imports reduced sharply to $X in 2022. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X kg) was the main sweet potato supplier to Angola, accounting for a X% share of total imports. Moreover, sweet potato imports from Portugal exceeded the figures recorded by the second-largest supplier, Namibia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled X%.

In value terms, Portugal ($X) constituted the largest supplier of sweet potatoes to Angola, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Portugal amounted to X%.

Import Prices by Country

In 2022, the average sweet potato import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($X per ton), while the price for Portugal amounted to $X per ton.

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

Source: IndexBox Platform