Angola: Frozen Cuttlefishes Market 2025

Frozen Cuttlefishes Market Size in Angola

In 2021, the Angolan frozen cuttlefishes market decreased by 99.9% to less than $X, falling for the fourth consecutive year after three years of decline. In general, consumption, however, saw a dramatic contraction. The growth pace was the most rapid in 2020 when the market value decreased by -13.7% against the previous year. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Frozen Cuttlefishes Production in Angola

In value terms, frozen cuttlefishes production fell markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a dramatic shrinkage. Frozen cuttlefishes production peaked at $X in 2020, and then declined significantly in the following year.

Frozen Cuttlefishes Exports

Exports from Angola

In 2020, the amount of frozen cuttlefishes exported from Angola surged to X tons, rising by 219% compared with the previous year's figure. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 219% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2020, the exports remained at a lower figure.

In value terms, frozen cuttlefishes exports soared to $X in 2020. Over the period under review, exports enjoyed a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of 231% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) was the main destination for frozen cuttlefishes exports from Angola, with a 91% share of total exports. Moreover, frozen cuttlefishes exports to Vietnam exceeded the volume sent to the second major destination, Malaysia (X tons), tenfold.

From 2012 to 2020, the average annual growth rate of volume to Vietnam was relatively modest.

In value terms, Vietnam ($X) emerged as the key foreign market for frozen cuttlefishes exports from Angola, comprising 99% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 1.1% share of total exports.

From 2012 to 2020, the average annual growth rate of value to Vietnam stood at +7.1%.

Export Prices by Country

The average frozen cuttlefishes export price stood at $X per ton in 2020, surging by 3.8% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 4.3%. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to Malaysia totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.0%).

Frozen Cuttlefishes Imports

Imports into Angola

In 2021, overseas purchases of frozen cuttlefishes decreased by -2.3% to X tons, falling for the seventh year in a row after three years of growth. Over the period under review, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 51% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen cuttlefishes imports fell sharply to $X in 2021. Overall, imports showed a sharp decline. The growth pace was the most rapid in 2014 with an increase of 33% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of frozen cuttlefishes imports to Angola, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +1.4%), while imports for the other leaders experienced a decline.

In value terms, the largest frozen cuttlefishes suppliers to Angola were India ($X), France ($X) and China ($X), together comprising 70% of total imports.

India, with a CAGR of -4.4%, 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 frozen cuttlefishes import price stood at $X per ton in 2021, which is down by -29.2% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, 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 Portugal ($X per ton), while the price for the Netherlands ($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 (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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