Angola: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Angola

In 2022, the Angolan market for pasta stuffed with meat, fish and cheese was finally on the rise to reach $X after four years of decline. Over the period under review, consumption, however, recorded a abrupt slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Angola

In 2022, shipments abroad of pasta stuffed with meat, fish and cheese increased by 54% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 424%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, meat, fish or cheese pasta exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 649% 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

Spain (X kg) was the main destination for meat, fish or cheese pasta exports from Angola, with a 52% share of total exports. Moreover, meat, fish or cheese pasta exports to Spain exceeded the volume sent to the second major destination, Namibia (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+4.9% per year) and Democratic Republic of the Congo (-27.3% per year).

In value terms, Spain ($X) emerged as the key foreign market for pasta stuffed with meat, fish and cheese exports from Angola, comprising 50% of total exports. The second position in the ranking was held by Namibia ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+11.9% per year) and Democratic Republic of the Congo (-24.3% per year).

Export Prices by Country

The average export price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, jumping by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 43%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Spain ($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 Namibia (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Angola

In 2022, overseas purchases of pasta stuffed with meat, fish and cheese increased by 8.3% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 262%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, meat, fish or cheese pasta imports surged to $X in 2022. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 197% against the previous year. 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, Turkey (X tons) was the main supplier of meat, fish or cheese pasta to Angola, accounting for a 96% share of total imports. It was followed by the United States (X kg), with a 1.3% share of total imports. The third position in this ranking was taken by Egypt (X kg), with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-35.2% per year) and Egypt (-36.5% per year).

In value terms, Turkey ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Angola, comprising 86% of total imports. The second position in the ranking was held by the United States ($X), with an 8.2% share of total imports. It was followed by Portugal, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.9% per year) and Portugal (-44.1% per year).

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 51% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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