Angola: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Angola

The Angolan meat-preparation industrial machinery market shrank markedly to $X in 2022, which is down by -26% 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). In general, consumption, however, posted buoyant growth. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Angola

In 2022, exports of industrial machinery for the preparation of meat or poultry from Angola amounted to X units, leveling off at the previous year. In general, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2015 with an increase of 100%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat-preparation industrial machinery exports contracted sharply to $X in 2022. Over the period under review, exports showed a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 798%. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Sao Tome and Principe (X units) and Portugal (X units) were the main destinations of meat-preparation industrial machinery exports from Angola.

From 2012 to 2022, the biggest increases were recorded for Sao Tome and Principe (with a CAGR of 0.0%).

In value terms, Portugal ($X) remains the key foreign market for industrial machinery for the preparation of meat or poultry exports from Angola, comprising 99% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Portugal stood at +2.0%.

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, reducing by -20.2% against the previous year. Over the period under review, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 1,023% against the previous year. The export price peaked at $X per unit in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Sao Tome and Principe stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+127.0%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Angola

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were imported into Angola; falling by -12.7% compared with the year before. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 931%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports contracted notably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1,246%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest meat-preparation industrial machinery supplier to Angola, accounting for a 55% share of total imports. Moreover, meat-preparation industrial machinery imports from Spain exceeded the figures recorded by the second-largest supplier, Israel (X units), fourfold. The third position in this ranking was taken by China (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+49.7% per year) and China (+6.2% per year).

In value terms, Israel ($X), Brazil ($X) and Portugal ($X) were the largest meat-preparation industrial machinery suppliers to Angola, with a combined 70% share of total imports.

Israel, with a CAGR of +58.5%, saw 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 more modest paces of growth.

Import Prices by Country

The average meat-preparation industrial machinery import price stood at $X per unit in 2022, waning by -38.5% against the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2014 when the average import price increased by 131%. The import price peaked at $X per unit in 2012; however, from 2013 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 Poland ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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