Angola: Meat Dishes Market 2024

Meat Dishes Market Size in Angola

The Angolan meat dishes market soared to $X in 2022, increasing by 129% against the previous year. In general, consumption continues to indicate a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Meat Dishes Production in Angola

In value terms, meat dishes production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 965% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Meat Dishes Exports

Exports from Angola

In 2022, shipments abroad of meat dishes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 928%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, meat dishes exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 586%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for meat dishes exports from Angola, accounting for a 65% share of total exports. Moreover, meat dishes exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was held by Congo (X tons), with an 11% share.

From 2015 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+84.2% per year) and Congo (-25.7% per year).

In value terms, Democratic Republic of the Congo ($X), Spain ($X) and Congo ($X) were the largest markets for meat dishes exported from Angola worldwide, together accounting for 91% of total exports.

Spain, with a CAGR of +66.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, rising by 106% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 an increase of 125% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average 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 ($X per ton), while the average price for exports to Congo ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+42.3%), while the prices for the other major destinations experienced mixed trend patterns.

Meat Dishes Imports

Imports into Angola

In 2022, supplies from abroad of meat dishes increased by 37% to X tons, rising for the second year in a row after six years of decline. Overall, imports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2013 with an increase of 79% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, meat dishes imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a deep reduction. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest meat dishes supplier to Angola, accounting for a 68% share of total imports. Moreover, meat dishes imports from Brazil exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-15.6% per year) and Italy (-2.3% per year).

In value terms, Brazil ($X), Portugal ($X) and Italy ($X) constituted the largest meat dishes suppliers to Angola, with a combined 93% share of total imports. China and Turkey lagged somewhat behind, together accounting for a further 4.5%.

In terms of the main suppliers, Turkey, with a CAGR of +10.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, with an increase of 36% against the previous year. Overall, the import price, however, showed a slight downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Portugal ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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