Report Update Nov 1, 2024

Angola - Dried or Smoked Fish - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Angola

The Angolan dried or smoked fish market fell to $X in 2021, with a decrease of -6.9% against the previous year. Overall, consumption, however, saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Dried Or Smoked Fish in Angola

In value terms, dried or smoked fish production fell to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Dried Or Smoked Fish

Exports from Angola

In 2021, approx. X tons of dried or smoked fish were exported from Angola; with a decrease of -52.2% against 2020. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 189% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, dried or smoked fish exports soared to $X in 2021. Overall, exports continue to indicate a abrupt shrinkage. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for dried or smoked fish exports from Angola, accounting for a 94% share of total exports. It was followed by Hong Kong SAR (X tons), with a 2.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to -5.1%.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for dried or smoked fish exports from Angola, comprising 68% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR totaled -17.9%.

Export Prices by Country

The average dried or smoked fish export price stood at $X per ton in 2021, picking up by 144% against the previous year. In general, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 159% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+43.1%).

Imports of Dried Or Smoked Fish

Imports into Angola

In 2021, supplies from abroad of dried or smoked fish was finally on the rise to reach X tons after two years of decline. In general, imports, however, faced a abrupt decline. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, dried or smoked fish imports surged to $X in 2021. Overall, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by 71% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway (X tons) and Portugal (X tons) were the main suppliers of dried or smoked fish imports to Angola.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of -10.4%).

In value terms, the largest dried or smoked fish suppliers to Angola were Norway ($X) and Portugal ($X).

Among the main suppliers, Portugal, with a CAGR of -16.7%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, declining by -18.3% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for Norway amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-4.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried or smoked fish in the world?

Iceland remains the largest dried or smoked fish consuming country worldwide, comprising approx. 67% of total volume. Moreover, dried or smoked fish consumption in Iceland exceeded the figures recorded by the second-largest consumer, China, more than tenfold. The third position in this ranking was occupied by the United States, with a 3.3% share.

What are the largest producers of dried or smoked fish in the world?

The country with the largest volume of dried or smoked fish production was Iceland, comprising approx. 67% of total volume. Moreover, dried or smoked fish production in Iceland exceeded the figures recorded by the second-largest producer, China, more than tenfold. The United States ranked third in terms of total production with a 3.1% share.

What are the leading suppliers of dried or smoked fish to Angola?

In value terms, the largest dried or smoked fish suppliers to Angola were Norway and Portugal.

What are the leading importers of dried or smoked fish from Angola?

In value terms, Democratic Republic of the Congo emerged as the key foreign market for dried or smoked fish exports from Angola, comprising 68% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 25% share of total exports. It was followed by Thailand, with a 5.2% share.

What is the average export price for dried or smoked fish in Angola?

In 2020, the average dried or smoked fish export price amounted to $39,754 per ton, growing by 85% against the previous year.

What is the average import price for dried or smoked fish in Angola?

In 2020, the average dried or smoked fish import price amounted to $3,965 per ton, dropping by -4% against the previous year.

This report provides an in-depth analysis of the market for dried or smoked 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 10202100 - Fish fillets, dried, salted or in brine, but not smoked
Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
Prodcom 10202485 - Smoked fish (excluding herrings, Pacific, Atlantic and Danube salmon), including fillets, excluding head, tails and maws
Prodcom 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023