Angola: Cow Peas Market 2025

Cow Peas Market Size in Angola

The Angolan cow peas market skyrocketed to $X in 2022, jumping by 25% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Cow Peas Exports

Exports from Angola

In 2022, after two years of growth, there was significant decline in shipments abroad of cow peas (dry), when their volume decreased by -24.9% to X tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 16,815%. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, cow peas exports reduced sharply to $X in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 10,893% against the previous year. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for cow peas exports from Angola, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at +90.7%.

In value terms, Democratic Republic of the Congo ($X) also remains the key foreign market for cow peas (dry) exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to +82.3%.

Export Prices by Country

The average cow peas export price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 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 Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -4.4% per year.

Cow Peas Imports

Imports into Angola

In 2022, approx. X tons of cow peas (dry) were imported into Angola; jumping by 20% on 2021 figures. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 88%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cow peas imports soared to $X in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 87%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest cow peas supplier to Angola, accounting for a 83% share of total imports. Moreover, cow peas imports from Canada exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+53.3% per year) and the United States (-6.8% per year).

In value terms, Canada ($X) constituted the largest supplier of cow peas (dry) to Angola, comprising 86% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.4% share of total imports. It was followed by the United States, with a 4% share.

From 2012 to 2022, the average annual growth rate of value from Canada totaled +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+50.0% per year) and the United States (-0.0% per year).

Import Prices by Country

In 2022, the average cow peas import price amounted to $X per ton, rising by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2013 an increase of 50%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, 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 Portugal ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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