Angola: Milk Market 2024

Milk Market Size in Angola

The Angolan milk market reached $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a prominent 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 2020 indices. Milk consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Milk Production in Angola

In value terms, milk production rose modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Milk Exports

Exports from Angola

Milk exports from Angola dropped sharply to X tons in 2022, which is down by X% against the previous year. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, milk exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2015 to 2022, the average annual rate of growth in terms of volume to Mali 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).

In value terms, Mali ($X), Democratic Republic of the Congo ($X) and Cuba ($X) constituted the largest markets for milk exported from Angola worldwide, with a combined X% share of total exports.

Among the main countries of destination, Cuba, with a CAGR of X%, recorded the highest growth rate of 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 milk export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Mali ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milk Imports

Imports into Angola

After four years of decline, purchases abroad of milk increased by X% to X tons in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, milk imports shrank remarkably to $X in 2022. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X tons) was the main milk supplier to Angola, with a X% share of total imports. It was followed by South Africa (X tons), with a X% share of total imports. The third position in this ranking was taken by France (X tons), with a X% share.

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

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

From 2012 to 2022, the average annual growth rate 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 France (X% per year).

Import Prices by Country

The average milk import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked 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 Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :