Angola: Groundnuts Market 2025

Groundnuts Market Size in Angola

The Angolan groundnuts market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption posted strong growth. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Groundnuts Production in Angola

In value terms, groundnuts production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 165% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average groundnuts yield in Angola amounted to X kg per ha, standing approx. at 2021 figures. In general, the yield indicated a prominent increase from 2012 to 2022: its figure increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts yield decreased by -1.2% against 2020 indices. The growth pace was the most rapid in 2013 when the yield increased by 100%. Over the period under review, the average groundnuts yield hit record highs at X kg per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The groundnuts harvested area in Angola dropped to X ha in 2022, stabilizing at 2021. The harvested area increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. Over the period under review, the harvested area dedicated to groundnuts production attained the peak figure at X ha in 2021, and then contracted modestly in the following year.

Groundnuts Exports

Exports from Angola

Groundnuts exports from Angola totaled X kg in 2021, approximately equating the year before. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 135%. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, groundnuts exports amounted to $X in 2021. Overall, exports recorded a measured expansion. The pace of growth was the most pronounced in 2016 when exports increased by 471% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for groundnuts exports from Angola, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.

Export Prices by Country

In 2021, the average groundnuts export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price posted a notable increase. The pace of growth appeared the most rapid in 2016 an increase of 143%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2015 to 2021, the rate of growth in terms of prices for Portugal amounted to +143.1% per year.

Groundnuts Imports

Imports into Angola

In 2022, the amount of ground-nut (in-shell) imported into Angola declined notably to X tons, dropping by -18.2% compared with the previous year. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 329%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, groundnuts imports declined to $X in 2022. Overall, imports, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2013 when imports increased by 371%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Zambia (X tons) constituted the largest groundnuts supplier to Angola, accounting for a 76% share of total imports. Moreover, groundnuts imports from Zambia exceeded the figures recorded by the second-largest supplier, Democratic Republic of the Congo (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Zambia stood at -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (-27.7% per year) and Brazil (+55.2% per year).

In value terms, the largest groundnuts suppliers to Angola were Zambia ($X), Democratic Republic of the Congo ($X) and Brazil ($X), with a combined 100% share of total imports.

Brazil, with a CAGR of +94.0%, recorded the highest growth rate of 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

In 2022, the average groundnuts import price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 87% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood 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 Brazil ($X per ton), while the price for Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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