Angola: Mixed Juices Market 2024

Mixed Juices Market Size in Angola

The Angolan mixed juices market expanded modestly to $X in 2022, with an increase of 2.5% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Mixed Juices Production in Angola

In value terms, mixed juices production expanded to $X in 2022 estimated in export price. In general, production showed a temperate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 80% against the previous year. Mixed juices production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mixed Juices Exports

Exports from Angola

In 2022, overseas shipments of mixtures of fruit and vegetable juices decreased by -27.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 2,236% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell markedly in the following year.

In value terms, mixed juices exports amounted to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,833% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Congo (X tons) was the main destination for mixed juices exports from Angola, accounting for a 88% share of total exports. Moreover, mixed juices exports to Congo exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), ninefold. The third position in this ranking was held by Guinea (X tons), with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Congo totaled +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+53.9% per year) and Guinea (-17.2% per year).

In value terms, Congo ($X) remains the key foreign market for mixtures of fruit and vegetable juices exports from Angola, comprising 75% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 21% share of total exports. It was followed by Guinea, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Congo totaled +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+94.9% per year) and Guinea (-8.2% per year).

Export Prices by Country

In 2022, the average mixed juices export price amounted to $X per ton, growing by 40% against the previous year. In general, the export price saw a measured increase. The pace of growth appeared the most rapid in 2019 an increase of 103%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Congo ($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 Democratic Republic of the Congo (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Juices Imports

Imports into Angola

In 2022, approx. X tons of mixtures of fruit and vegetable juices were imported into Angola; declining by -41.9% compared with the previous year. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 369% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, mixed juices imports fell remarkably to $X in 2022. In general, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 460% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa (X tons), Bangladesh (X tons) and Pakistan (X tons) were the main suppliers of mixed juices imports to Angola, together comprising 63% of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of mixtures of fruit and vegetable juices to Angola, comprising 31% of total imports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total imports. It was followed by Brazil, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa stood at -19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-22.1% per year) and Brazil (+13.0% per year).

Import Prices by Country

In 2022, the average mixed juices import price amounted to $X per ton, stabilizing at the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixed juices import price increased by +42.2% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 33%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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