Angola: Yoghurt Market 2024

Yoghurt Market Size in Angola

In 2022, the Angolan yoghurt market was finally on the rise to reach $X after four years of decline. In general, consumption, however, faced a deep contraction. Yoghurt consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Yoghurt Exports

Exports from Angola

In 2022, overseas shipments of yoghurt were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, yoghurt exports surged to $X in 2022. Overall, exports, however, showed a significant contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for yoghurt exports from Angola, with a X% share of total exports. Moreover, yoghurt exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Greece (X kg), more than tenfold.

From 2015 to 2022, the average annual rate of growth in terms 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: Greece (X% per year) and Malta (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for yoghurt exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Malta ($X), with a X% share of total exports.

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

Export Prices by Country

The average yoghurt export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 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 Malta ($X per ton), while the average price for exports to Greece ($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 Bahamas (X%), while the prices for the other major destinations experienced mixed trend patterns.

Yoghurt Imports

Imports into Angola

In 2022, overseas purchases of yoghurt increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, yoghurt imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X tons) constituted the largest supplier of yoghurt to Angola, accounting for a X% share of total imports. Moreover, yoghurt imports from Portugal exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Germany (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of yoghurt to Angola, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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