Report Update Nov 1, 2024

Angola - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in Angola

In 2021, the Angolan fish meals and pellet market decreased by -0.3% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, posted a notable expansion. Fish meals and pellet consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Flours, Meals And Pellets Of Fish in Angola

In value terms, fish meals and pellet production rose significantly to $X in 2021 estimated in export price. Overall, production recorded a mild slump. The pace of growth was the most pronounced in 2014 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Flours, Meals And Pellets Of Fish

Exports from Angola

In 2021, overseas shipments of flours, meals and pellets of fish were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 141% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, fish meals and pellet exports totaled $X in 2021. In general, exports, however, continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2016 when exports increased by 122% 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 somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for fish meals and pellet exports from Angola, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam amounted to -15.1%.

In value terms, Vietnam ($X) remains the key foreign market for flours, meals and pellets of fish exports from Angola, comprising 66% of total exports. The second position in the ranking was held by Namibia ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam totaled -23.6%.

Export Prices by Country

The average fish meals and pellet export price stood at $X per ton in 2021, with a decrease of -57.8% against the previous year. In general, the export price showed a significant decline. The pace of growth was the most pronounced in 2014 an increase of 14%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to -10.1% per year.

Imports of Flours, Meals And Pellets Of Fish

Imports into Angola

In 2021, fish meals and pellet imports into Angola declined slightly to X tons, dropping by -2.1% against the previous year. In general, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 with an increase of 99.9% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, fish meals and pellet imports skyrocketed to $X in 2021. Overall, imports saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Portugal (X tons) constituted the largest supplier of fish meals and pellet to Angola, with a 79% share of total imports. Moreover, fish meals and pellet imports from Portugal exceeded the figures recorded by the second-largest supplier, South Korea (X kg), eightfold. The third position in this ranking was held by South Africa (X kg), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Portugal amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+10.6% per year) and South Africa (-17.9% per year).

In value terms, Portugal ($X) constituted the largest supplier of flours, meals and pellets of fish to Angola, comprising 71% of total imports. The second position in the ranking was taken by South Africa ($X), with a 20% share of total imports. It was followed by South Korea, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Portugal totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-2.7% per year) and South Korea (-8.9% per year).

Import Prices by Country

The average fish meals and pellet import price stood at $X per ton in 2021, rising by 92% against the previous year. Overall, the import price, however, recorded a abrupt descent. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Africa ($X per ton), while the price for Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+18.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flours, meals and pellets of fish in the world?

The country with the largest volume of fish meals and pellet consumption was China, comprising approx. 17% of total volume. Moreover, fish meals and pellet consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The United States ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of flours, meals and pellets of fish in the world?

China constituted the country with the largest volume of fish meals and pellet production, comprising approx. 20% of total volume. Moreover, fish meals and pellet production in China exceeded the figures recorded by the second-largest producer, Pakistan, threefold. The third position in this ranking was occupied by the United States, with a 6.8% share.

What are the leading suppliers of flours, meals and pellets of fish to Angola?

In value terms, Portugal constituted the largest supplier of fish meals and pellet to Angola, comprising 55% of total imports. The second position in the ranking was occupied by South Africa, with a 22% share of total imports. It was followed by Namibia, with a 16% share.

What are the leading importers of flours, meals and pellets of fish from Angola?

In value terms, Vietnam, Namibia and Taiwan Chinese) constituted the largest markets for fish meals and pellet exported from Angola worldwide, with a combined 93% share of total exports.

What is the average export price for flours, meals and pellets of fish in Angola?

In 2020, the average fish meals and pellet export price amounted to $4,611 per ton, reducing by -5.4% against the previous year.

What is the average import price for flours, meals and pellets of fish in Angola?

The average fish meals and pellet import price stood at $11,390 per ton in 2020, waning by -30.1% against the previous year.

This report provides an in-depth analysis of the market for fish meals and pellet 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 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
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.

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