Angola: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Angola

The Angolan market for mixed condiments, sauses and seasonings was estimated at $X in 2022, leveling off at the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 -2.2% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Angola

In value terms, mixed condiment, sause and seasoning production stood at $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 93%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Angola

In 2022, after two years of decline, there was significant growth in overseas shipments of mixed condiments, sauses and seasonings, when their volume increased by 145% to X tons. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 331% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, mixed condiment, sause and seasoning exports skyrocketed to $X in 2022. In general, exports recorded a significant expansion. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for mixed condiment, sause and seasoning exports from Angola, with a 50% share of total exports. Moreover, mixed condiment, sause and seasoning exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Congo (X kg), threefold. Spain (X kg) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo amounted to +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+27.7% per year) and Spain (+26.0% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Angola, comprising 53% of total exports. The second position in the ranking was held by Spain ($X), with a 16% share of total exports. It was followed by Bahamas, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at +48.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+28.7% per year) and Bahamas (+110.1% per year).

Export Prices by Country

In 2022, the average export price for mixed condiments, sauses and seasonings amounted to $X per ton, rising by 14% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2020 an increase of 37%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Congo ($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 Turkey (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Angola

In 2022, supplies from abroad of mixed condiments, sauses and seasonings decreased by -9.6% to X tons, falling for the fourth year in a row after two years of growth. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 53% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, mixed condiment, sause and seasoning imports fell to $X in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 94%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of mixed condiment, sause and seasoning to Angola, accounting for a 56% share of total imports. Moreover, mixed condiment, sause and seasoning imports from Belgium exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was held by China (X tons), with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-4.2% per year) and China (-0.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of mixed condiments, sauses and seasonings to Angola, comprising 59% of total imports. The second position in the ranking was held by Portugal ($X), with a 19% share of total imports. It was followed by South Africa, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-4.1% per year) and South Africa (-3.6% per year).

Import Prices by Country

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, increasing by 4.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 27%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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