Angola: Preserved Tomato Market 2024

Preserved Tomato Market Size in Angola

The Angolan preserved tomato market totaled $X in 2021, approximately equating the previous year. Overall, consumption showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Preserved Tomato Production in Angola

In value terms, preserved tomato production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production posted a buoyant increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 62%. Over the period under review, production attained the peak level at $X in 2020, and then contracted slightly in the following year.

Preserved Tomato Exports

Exports from Angola

Preserved tomato exports from Angola surged to X kg in 2021, with an increase of 776% compared with the previous year. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 1,447% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, preserved tomato exports soared to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 2,154% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Congo (X kg) was the main destination for preserved tomato exports from Angola, accounting for a 86% share of total exports. Moreover, preserved tomato exports to Congo exceeded the volume sent to the second major destination, Spain (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Congo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+45.6% per year) and Democratic Republic of the Congo (+8.6% per year).

In value terms, the largest markets for preserved tomato exported from Angola were Congo ($X), Spain ($X) and Democratic Republic of the Congo ($X), with a combined 96% share of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +104.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average preserved tomato export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2020 an increase of 74%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+40.1%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Tomato Imports

Imports into Angola

In 2021, preserved tomato imports into Angola contracted remarkably to X tons, shrinking by -19.7% on 2020 figures. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 58%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, preserved tomato imports contracted to $X in 2021. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 31%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of preserved tomato to Angola, accounting for a 33% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-14.7% per year) and China (-5.7% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Angola, comprising 33% of total imports. The second position in the ranking was taken by Portugal ($X), with an 11% share of total imports. It was followed by China, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled -22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-20.5% per year) and China (-7.8% per year).

Import Prices by Country

The average preserved tomato import price stood at $X per ton in 2021, picking up by 12% against the previous year. In general, the import price, however, saw a slight reduction. The growth pace was the most rapid in 2015 an increase of 16%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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