Angola: Inedible Fish Products Market 2025

Inedible Fish Products Market Size in Angola

The Angolan inedible fish products market reduced to $X in 2022, which is down by -6.3% against the previous year. In general, consumption showed a noticeable descent. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Inedible Fish Products Production in Angola

In value terms, inedible fish products production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 with an increase of 36%. Inedible fish products production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Inedible Fish Products Exports

Exports from Angola

For the fourth consecutive year, Angola recorded growth in overseas shipments of inedible fish products, which increased by 1.9% to X tons in 2021. The total export volume increased at an average annual rate of +1.9% over the period from 2018 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 1.9% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, inedible fish products exports totaled $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2018 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for inedible fish products exports from Angola, with a approx. 100% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for inedible fish products exports from Angola.

From 2018 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

The average inedible fish products export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 a decrease of -0.6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; afterwards, it flattened through to 2021.

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

From 2018 to 2021, the rate of growth in terms of prices for China amounted to 0.0% per year.

Inedible Fish Products Imports

Imports into Angola

For the third consecutive year, Angola recorded decline in supplies from abroad of inedible fish products, which decreased by -11.3% to X kg in 2022. In general, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 1,430%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, inedible fish products imports skyrocketed to $X in 2022. Overall, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 948% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa (X kg) and Brazil (X kg) were the main suppliers of inedible fish products imports to Angola.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +19.1%).

In value terms, Brazil ($X) constituted the largest supplier of inedible fish products to Angola, comprising 84% of total imports. The second position in the ranking was taken by South Africa ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at -16.0%.

Import Prices by Country

In 2022, the average inedible fish products import price amounted to $X per ton, with an increase of 120% against the previous year. Over the period under review, the import price posted a mild increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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