Price for Flour and Meal; of Potatoes in Angola - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Angola (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Angola (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Angola
4. Exports of Flour and Meal; of Potatoes in Angola

Price for Flour and Meal; of Potatoes in Angola (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,825 per ton, which is down by -3.7% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $4,758 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,070 per ton), while the price for India ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Potatoes in Angola (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $502 per ton in 2022, flattening at the previous year. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 a decrease of -4% against the previous year. The export price peaked at $1,203 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sao Tome and Principe.

From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -20.1% per year.

Imports of Flour and Meal; of Potatoes in Angola

In 2022, imports of flour and meal; of potatoeses into Angola skyrocketed to 31 tons, growing by 94% compared with 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports surged to $57K in 2022. Overall, imports, however, showed a noticeable setback.

Top Suppliers of Flour and Meal; of Potatoes to Angola in 2022:

1. Netherlands (7.5 tons)
2. India (4.5 tons)
3. Portugal (3.9 tons)
4. France (3.6 tons)
5. South Africa (3.3 tons)
6. Namibia (1.3 tons)
7. China (1.0 tons)
8. Belgium (0.1 tons)

Exports of Flour and Meal; of Potatoes in Angola

In 2022, overseas shipments of flour and meal; of potatoeses decreased by 0% to 406 kg, falling for the second year in a row after two years of growth. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 203% against the previous year. As a result, the exports reached the peak of 500 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flour and meal; of potatoes exports amounted to $204 in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Flour and Meal; of Potatoes from Angola in 2022:

1. Sao Tome and Principe (406.0 kg)

Source: IndexBox Market Intelligence Platform