Angola: Millet Market 2025

Millet Market Size in Angola

After two years of decline, the Angolan millet market increased by 9.4% to $X in 2022. Overall, consumption showed buoyant growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Millet Production in Angola

In value terms, millet production reduced modestly to $X in 2022 estimated in export price. In general, production posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 133%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In 2022, the average millet yield in Angola was estimated at X kg per ha, remaining stable against 2021 figures. Overall, the yield indicated a remarkable increase from 2012 to 2022: its figure increased at an average annual rate of +9.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet yield decreased by -0.2% against 2020 indices. The pace of growth was the most pronounced in 2013 when the yield increased by 107%. Over the period under review, the average millet yield reached the peak level at X kg per ha in 2015; however, from 2016 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of millet were harvested in Angola; growing by 28% on 2021. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 57%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the millet harvested area remained at a somewhat lower figure.

Millet Exports

Exports from Angola

In 2022, overseas shipments of millet decreased by -17.6% to X kg, falling for the second consecutive year after two years of growth. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 855%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, millet exports fell to $X in 2022. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2019 with an increase of 1,385% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X kg) was the main destination for millet exports from Angola, accounting for a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Namibia amounted to -24.6%.

In value terms, Namibia ($X) also remains the key foreign market for millet exports from Angola.

From 2014 to 2022, the average annual rate of growth in terms of value to Namibia totaled -24.1%.

Export Prices by Country

In 2022, the average millet export price amounted to $X per ton, rising by 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 125% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for Namibia amounted to +0.7% per year.

Millet Imports

Imports into Angola

Millet imports into Angola skyrocketed to X tons in 2022, surging by 8,543% compared with 2021. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 52,477%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, millet imports soared to $X in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 97,826%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, South Africa (X tons) was the main millet supplier to Angola, accounting for a approx. 97% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa stood at +82.9%.

In value terms, South Africa ($X) constituted the largest supplier of millet to Angola.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa amounted to +63.5%.

Import Prices by Country

The average millet import price stood at $X per ton in 2022, which is down by -10.1% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 86%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -10.6% per year.

Source: IndexBox Platform

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