Angola: Modified Starches Market 2025

Modified Starches Market Size in Angola

The Angolan modified starches market contracted slightly to $X in 2022, declining by -5% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Modified starches consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Modified Starches Production in Angola

In value terms, modified starches production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 38%. Modified starches production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Modified Starches Exports

Exports from Angola

In 2020, overseas shipments of dextrins and other modified starches decreased by 0% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 34%. Over the period under review, the exports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, modified starches exports totaled $X in 2020. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 29%. The exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Congo (X tons) was the main destination for modified starches exports from Angola, accounting for a approx. 100% share of total exports.

From 2015 to 2020, the average annual rate of growth in terms of volume to Congo was relatively modest.

From 2015 to 2020, the average annual rate of growth in terms of value to Congo was relatively modest.

Export Prices by Country

The average modified starches export price stood at $X per ton in 2020, flattening at the previous year. In general, the export price saw a noticeable slump. The pace of growth appeared the most rapid in 2016 a decrease of -3% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, 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 Congo.

From 2015 to 2020, the rate of growth in terms of prices for the Netherlands amounted to -3.0% per year.

Modified Starches Imports

Imports into Angola

In 2022, supplies from abroad of dextrins and other modified starches decreased by -11.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, modified starches imports reduced to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 68%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Israel (X tons) constituted the largest modified starches supplier to Angola, with a 47% share of total imports. Moreover, modified starches imports from Israel exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Israel stood at +77.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.2% per year) and Belgium (+10.4% per year).

In value terms, Israel ($X), Belgium ($X) and China ($X) were the largest modified starches suppliers to Angola, together comprising 78% of total imports.

In terms of the main suppliers, Israel, with a CAGR of +57.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average modified starches import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Germany ($X per ton), while the price for India ($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 States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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