Angola: Dairy Produce Market 2024

Dairy Produce Market Size in Angola

After three years of decline, the Angolan dairy produce market increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a perceptible curtailment. Dairy produce consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Dairy Produce Production in Angola

In value terms, dairy produce production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Dairy Produce Exports

Exports from Angola

In 2022, after two years of decline, there was significant growth in overseas shipments of dairy produce, when their volume increased by X% to X tons. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, dairy produce exports surged to $X in 2022. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Congo (X tons), Democratic Republic of the Congo (X tons) and Mali (X tons) were the main destinations of dairy produce exports from Angola, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

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

Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dairy produce export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Mali ($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 Vietnam (X%), while the prices for the other major destinations experienced a decline.

Dairy Produce Imports

Imports into Angola

In 2022, supplies from abroad of dairy produce was finally on the rise to reach X tons after three years of decline. Overall, imports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dairy produce imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs 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 dairy produce to Angola, accounting for a X% share of total imports. Moreover, dairy produce imports from Portugal exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), sixfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of dairy produce to Angola, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average dairy produce import price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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