Angola: Meat Market 2024

Meat Market Size in Angola

The Angolan meat market dropped modestly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Meat Production in Angola

In value terms, meat production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Meat production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of meat in Angola amounted to X kg per head in 2022, remaining constant against the year before. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. The meat yield peaked at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

The number of animals slaughtered for meat production in Angola declined slightly to X heads in 2022, which is down by X% on the year before. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for meat production peaked at X heads in 2021, and then shrank modestly in the following year.

Meat Exports

Exports from Angola

In 2022, meat exports from Angola declined notably to X tons, waning by X% compared with 2021. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat exports reduced remarkably to $X in 2022. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X tons), Marshall Islands (X tons) and Democratic Republic of the Congo (X kg) were the main destinations of meat exports from Angola, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Marshall Islands ($X), Panama ($X) and Democratic Republic of the Congo ($X) constituted the largest markets for meat exported from Angola worldwide, together comprising X% of total exports.

Panama, with a CAGR of X%, 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

The average meat export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($X per ton), while the average price for exports to Panama ($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 Bahamas (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Angola

In 2022, supplies from abroad of meat increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, meat imports soared to $X in 2022. Overall, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs 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 supplier to Angola, accounting for a X% share of total imports. Moreover, meat imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average meat import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Paraguay ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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