Angola: Spinach Market 2025

Spinach Market Size in Angola

The Angolan spinach market contracted rapidly to $X in 2022, which is down by -66.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a sharp descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Spinach Exports

Exports from Angola

After two years of decline, shipments abroad of spinach decreased by 0% to X kg in 2021. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 627%. As a result, the exports reached the peak of X kg. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, spinach exports amounted to $X in 2021. Overall, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2018 with an increase of 178%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X kg) was the main destination for spinach exports from Angola, accounting for a 77% share of total exports. Moreover, spinach exports to Hong Kong SAR exceeded the volume sent to the second major destination, Panama (X kg), threefold.

From 2015 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2021, the average spinach export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a precipitous decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Hong Kong SAR totaled $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.8%).

Spinach Imports

Imports into Angola

Spinach imports into Angola declined sharply to X tons in 2022, dropping by -66.8% compared with the year before. Over the period under review, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2014 with an increase of 306% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, spinach imports declined sharply to $X in 2022. Overall, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 295% 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, Belgium (X tons) constituted the largest spinach supplier to Angola, accounting for a 53% share of total imports. Moreover, spinach imports from Belgium exceeded the figures recorded by the second-largest supplier, South Africa (X kg), threefold. Gibraltar (X kg) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at -24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-14.6% per year) and Gibraltar (+2.7% per year).

In value terms, Gibraltar ($X) constituted the largest supplier of spinach to Angola, comprising 46% of total imports. The second position in the ranking was held by Belgium ($X), with a 21% share of total imports. It was followed by South Africa, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Gibraltar amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-29.6% per year) and South Africa (-22.3% per year).

Import Prices by Country

The average spinach import price stood at $X per ton in 2022, rising by 3.4% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 53% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 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 Gibraltar ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gibraltar (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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