Angola - Dried or Salted Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAngola: Market for Dried Or Salted Fish 2024
Market Size for Dried Or Salted Fish in Angola
In 2021, after two years of growth, there was significant decline in the Angolan dried or salted fish market, when its value decreased by -7.5% to $X. Overall, consumption showed a relatively flat trend pattern. Dried or salted fish consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.
Production of Dried Or Salted Fish in Angola
In value terms, dried or salted fish production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a deep downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 90%. Dried or salted fish production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.
Exports of Dried Or Salted Fish
Exports from Angola
Dried or salted fish exports from Angola dropped rapidly to X tons in 2021, which is down by -21.8% on 2020. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 1,113%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.
In value terms, dried or salted fish exports reduced sharply to $X in 2021. In general, exports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2016 with an increase of 321% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Democratic Republic of the Congo (X tons) and Hong Kong SAR (X tons) were the main destinations of dried or salted fish exports from Angola.
From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +23.5%).
In value terms, Hong Kong SAR ($X) remains the key foreign market for dried or salted fish exports from Angola, comprising 98% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 1.5% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.
Export Prices by Country
The average dried or salted fish export price stood at $X per ton in 2021, surging by 2.3% against the previous year. In general, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 an increase of 59%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Democratic Republic of the Congo amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-11.3%).
Imports of Dried Or Salted Fish
Imports into Angola
In 2021, purchases abroad of dried or salted fish was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.
In value terms, dried or salted fish imports skyrocketed to $X in 2021. Overall, imports, however, faced a abrupt shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Portugal (X tons), Norway (X tons) and Belgium (X tons) were the main suppliers of dried or salted fish imports to Angola, together comprising 62% of total imports. These countries were followed by Argentina and Denmark, which together accounted for a further 3.1%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +131.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest dried or salted fish suppliers to Angola were Portugal ($X), Norway ($X) and Belgium ($X), together accounting for 62% of total imports. Argentina and Denmark lagged somewhat behind, together comprising a further 0.6%.
Denmark, with a CAGR of +43.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average dried or salted fish import price stood at $X per ton in 2021, shrinking by -9.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 an increase of 28%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Norway ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+7.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for dried or salted fish in Angola. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
- Prodcom 10202300 -
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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