Angola: Cheese And Curd Market 2024

Cheese And Curd Market Size in Angola

The Angolan cheese and curd market reduced to $X in 2022, dropping by -10.9% against the previous year. Overall, consumption continues to indicate a perceptible setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Angola

In value terms, cheese and curd production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 128% against the previous year. Cheese and curd production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Cheese And Curd Exports

Exports from Angola

In 2022, approx. X kg of cheese and curd were exported from Angola; jumping by 137% against 2021 figures. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,308%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, cheese and curd exports skyrocketed to $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 830%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for cheese and curd exports from Angola, accounting for a 61% share of total exports. Moreover, cheese and curd exports to Spain exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X kg), threefold. The third position in this ranking was held by Malta (X kg), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +89.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+23.3% per year) and Malta (+54.4% per year).

In value terms, Spain ($X) remains the key foreign market for cheese and curd exports from Angola, comprising 64% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 16% share of total exports. It was followed by Slovenia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +92.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+36.7% per year) and Slovenia (+78.8% per year).

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, rising by 44% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 106%. As a result, the export price attained the peak level of $X per ton. From 2018 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 Slovenia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+81.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Angola

In 2022, cheese and curd imports into Angola fell remarkably to X tons, with a decrease of -24.6% on the year before. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 79%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cheese and curd imports declined dramatically to $X in 2022. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest supplier of cheese and curd to Angola, accounting for a 75% share of total imports. Moreover, cheese and curd imports from Portugal exceeded the figures recorded by the second-largest supplier, Morocco (X tons), more than tenfold. The third position in this ranking was taken by Egypt (X tons), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-13.7% per year) and Egypt (+1.4% per year).

In value terms, Portugal ($X) constituted the largest supplier of cheese and curd to Angola, comprising 76% of total imports. The second position in the ranking was held by Morocco ($X), with a 3.1% share of total imports. It was followed by France, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from Portugal amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-17.3% per year) and France (-10.7% per year).

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, surging by 9.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 14%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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