Angola: Maize Bran Market 2024

Maize Bran Market Size in Angola

The Angolan maize bran market rose modestly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Maize Bran Production in Angola

In value terms, maize bran production amounted to $X in 2022 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Maize Bran Exports

Exports from Angola

After five years of growth, shipments abroad of maize bran decreased by X% to X tons in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, maize bran exports fell remarkably to $X in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Namibia (X tons) was the main destination for maize bran exports from Angola, with a X% share of total exports. It was followed by Democratic Republic of the Congo (X kg), with a X% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Namibia stood at X%.

In value terms, Namibia ($X) emerged as the key foreign market for maize bran exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Namibia stood at X%.

Export Prices by Country

The average maize bran export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Namibia stood at $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced a decline.

Maize Bran Imports

Imports into Angola

In 2022, supplies from abroad of maize bran decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, maize bran imports shrank sharply to $X in 2022. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Zambia (X tons) constituted the largest maize bran supplier to Angola, accounting for a X% share of total imports. Moreover, maize bran imports from Zambia exceeded the figures recorded by the second-largest supplier, Portugal (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Zambia was relatively modest.

In value terms, Zambia ($X) constituted the largest supplier of maize bran to Angola, comprising X% of total imports. The second position in the ranking was taken by Portugal ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Zambia was relatively modest.

Import Prices by Country

In 2022, the average maize bran import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price posted strong growth. 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 Zambia ($X per ton), while the price for Portugal stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :