Angola: Prepared Mustard Market 2024

Prepared Mustard Market Size in Angola

The Angolan prepared mustard market shrank to $X in 2021, standing approx. at the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.1% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Mustard Production in Angola

In value terms, prepared mustard production fell to $X in 2021 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 35%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Prepared Mustard Exports

Exports from Angola

Prepared mustard exports from Angola amounted to X kg in 2017, therefore, remained relatively stable against the previous year's figure. In general, exports continue to indicate a significant decline. The smallest decline of 99.9% was in 2016. The exports peaked at X kg in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

In value terms, prepared mustard exports amounted to $X in 2017. Over the period under review, exports saw a sharp curtailment. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X kg) was the main destination for prepared mustard exports from Angola, accounting for a 71% share of total exports. Moreover, prepared mustard exports to Cyprus exceeded the volume sent to the second major destination, Antigua and Barbuda (X kg), threefold.

From 2015 to 2017, the average annual growth rate of volume to Cyprus was relatively modest.

From 2015 to 2017, the average annual growth rate of value to Antigua and Barbuda was relatively modest.

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2017, almost unchanged from the previous year. In general, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2017 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 Antigua and Barbuda ($X per ton), while the average price for exports to Cyprus totaled $X per ton.

From 2015 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Angola

Prepared mustard imports into Angola rose significantly to X tons in 2021, increasing by 12% against the previous year's figure. Over the period under review, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of 41% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, prepared mustard imports totaled $X in 2021. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 39%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Portugal (X tons) constituted the largest supplier of prepared mustard to Angola, accounting for a 75% share of total imports. Moreover, prepared mustard imports from Portugal exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Congo (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+52.8% per year) and Congo (+48.2% per year).

In value terms, Portugal ($X) constituted the largest supplier of prepared mustard to Angola, comprising 62% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 28% share of total imports. It was followed by South Africa, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Portugal totaled -15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+35.2% per year) and South Africa (-10.8% per year).

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2021, growing by 2.6% against the previous year. In general, the import price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 2.9% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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