Angola: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Angola

After two years of decline, the Angolan pasta and couscous market increased by 14% to $X in 2022. Overall, consumption saw a tangible expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Pasta And Couscous Production in Angola

In value terms, pasta and couscous production totaled $X in 2022 estimated in export price. Overall, production posted significant growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by 223%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Pasta And Couscous Exports

Exports from Angola

After two years of decline, overseas shipments of stuffed pasta and couscous increased by 2.5% to X tons in 2022. In general, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of 79% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, pasta and couscous exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 96% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for pasta and couscous exports from Angola, accounting for a 91% share of total exports. Moreover, pasta and couscous exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Spain (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled -12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+22.9% per year) and Namibia (+4.3% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for stuffed pasta and couscous exports from Angola, comprising 80% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at -12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+14.2% per year) and Namibia (+9.4% per year).

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, increasing by 16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+4.9%).

Pasta And Couscous Imports

Imports into Angola

In 2022, overseas purchases of stuffed pasta and couscous increased by 6.6% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 75% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pasta and couscous imports expanded markedly to $X in 2022. In general, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 102%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest pasta and couscous supplier to Angola, accounting for a 85% share of total imports. Moreover, pasta and couscous imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. Egypt (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-23.7% per year) and Egypt (-16.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of stuffed pasta and couscous to Angola, comprising 78% of total imports. The second position in the ranking was taken by Egypt ($X), with a 5.3% share of total imports. It was followed by Portugal, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-12.8% per year) and Portugal (-34.1% per year).

Import Prices by Country

The average pasta and couscous import price stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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