Angola: Herbicide Market 2025

Herbicide Market Size in Angola

The Angolan herbicide market fell notably to $X in 2021, reducing by -21.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded significant growth. Over the period under review, the market attained the maximum level at $X in 2020, and then fell notably in the following year.

Herbicide Exports

Exports from Angola

In 2021, the amount of herbicides exported from Angola was estimated at X kg, leveling off at the previous year's figure. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2016 when exports increased by 11%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, herbicide exports amounted to $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of 20% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Namibia (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of herbicide exports from Angola.

From 2015 to 2021, the biggest increases were recorded for Namibia (with a CAGR of 0.0%).

In value terms, Namibia ($X) and Democratic Republic of the Congo ($X) constituted the largest markets for herbicide exported from Angola worldwide.

Namibia, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average herbicide export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 8.8%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Democratic Republic of the Congo stood at $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Herbicide Imports

Imports into Angola

In 2021, approx. X tons of herbicides were imported into Angola; reducing by -20.2% on the year before. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 148% against the previous year. Imports peaked at X tons in 2020, and then contracted dramatically in the following year.

In value terms, herbicide imports contracted significantly to $X in 2021. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 200%. Over the period under review, imports hit record highs at $X in 2020, and then fell markedly in the following year.

Imports by Country

South Africa (X tons), China (X tons) and Portugal (X tons) were the main suppliers of herbicide imports to Angola, together accounting for 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +70.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of herbicides to Angola, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from South Africa totaled +39.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+60.9% per year) and Portugal (+1.8% per year).

Import Prices by Country

The average herbicide import price stood at $X per ton in 2021, reducing by -2.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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