Angola: Maize Market 2025

Maize Market Size in Angola

In 2022, after six years of growth, there was decline in the Angolan maize market, when its value decreased by -1.4% to $X. Overall, consumption, however, continues to indicate a significant increase. Over the period under review, the market attained the peak level at $X in 2021, and then shrank modestly in the following year.

Maize Production in Angola

In value terms, maize production reached $X in 2022 estimated in export price. In general, production recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 274%. Maize production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of maize in Angola amounted to X tons per ha in 2022, flattening at the previous year's figure. The yield figure increased at an average annual rate of +3.5% 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 when the yield increased by 22%. Over the period under review, the average maize yield hit record highs at X tons per ha in 2015; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of maize in Angola contracted slightly to X ha, almost unchanged from 2021. Over the period under review, the harvested area, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 180%. The maize harvested area peaked at X ha in 2021, and then shrank slightly in the following year.

Maize Exports

Exports from Angola

In 2022, approx. X tons of maize were exported from Angola; waning by -16% against the previous year's figure. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 404% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, maize exports declined sharply to $X in 2022. Over the period under review, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of 727%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X tons), Congo (X tons) and Democratic Republic of the Congo (X kg) were the main destinations of maize exports from Angola, with a combined 99.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of +31.4%), while the other leaders experienced a decline.

In value terms, Namibia ($X) remains the key foreign market for maize exports from Angola, comprising 91% of total exports. The second position in the ranking was held by Congo ($X), with a 6.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Namibia stood at -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+20.0% per year) and Democratic Republic of the Congo (-12.0% per year).

Export Prices by Country

The average maize export price stood at $X per ton in 2022, falling by -3.6% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+15.0%), while the prices for the other major destinations experienced a decline.

Maize Imports

Imports into Angola

Maize imports into Angola contracted dramatically to X tons in 2022, falling by -34.9% against 2021 figures. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 278%. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, maize imports declined rapidly to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 271%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of maize to Angola, accounting for a 73% share of total imports. Moreover, maize imports from Argentina exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. The third position in this ranking was held by South Africa (X tons), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina stood at +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+28.4% per year) and South Africa (+27.4% per year).

In value terms, Argentina ($X) constituted the largest supplier of maize to Angola, comprising 59% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 15% share of total imports. It was followed by South Africa, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+34.8% per year) and South Africa (+16.7% per year).

Import Prices by Country

In 2022, the average maize import price amounted to $X per ton, shrinking by -2.5% against the previous year. Overall, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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