Price for Citrus Fruits Not Elsewhere Classified in Angola - 2022

Contents:

  1. Price for Citrus Fruits Not Elsewhere Classified in Angola (CIF) - 2022
  2. Price for Citrus Fruits Not Elsewhere Classified in Angola (FOB) - 2022
  3. Imports of Citrus Fruits Not Elsewhere Classified in Angola
  4. Exports of Citrus Fruits Not Elsewhere Classified in Angola

Price for Citrus Fruits Not Elsewhere Classified in Angola (CIF) - 2022

In 2022, the average import price for citrus fruits not elsewhere classified amounted to $1,675 per ton, growing by 10% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruits not elsewhere classified import price increased by +27.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 63% against the previous year. The import price peaked at $2,097 per ton in 2018; however, from 2019 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 Namibia ($7,699 per ton), while the price for Thailand ($539 per ton) was amongst the lowest.

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

Price for Citrus Fruits Not Elsewhere Classified in Angola (FOB) - 2022

The average export price for citrus fruits not elsewhere classified stood at $885 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35%. As a result, the export price attained the peak level of $926 per ton, and then reduced modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($3,765 per ton), while the average price for exports to Panama ($68 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (+30.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Citrus Fruits Not Elsewhere Classified in Angola

In 2022, the amount of citrus fruits not elsewhere classified imported into Angola surged to 18 tons, picking up by 19% against 2021. In general, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 49%.

In value terms, citrus fruits not elsewhere classified imports surged to $31K in 2022. Over the period under review, imports recorded a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 72%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Citrus Fruits Not Elsewhere Classified in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.30.60.418.9297.9%
Namibia0.20.10.39.5262.2%
Portugal2.80.60.51.7-15.3%
ThailandN/AN/AN/A0.30%
EgyptN/A1.0N/AN/A0%
Israel25.111.522.4N/A-5.5%
OthersN/AN/A0.10.5400.0%
Total28.413.723.631.03.0%

Top Suppliers of Citrus Fruits Not Elsewhere Classified to Angola in 2022:

  1. South Africa (15.9 tons)
  2. Namibia (1.2 tons)
  3. Thailand (0.6 tons)
  4. Portugal (0.5 tons)

Exports of Citrus Fruits Not Elsewhere Classified in Angola

In 2022, exports of citrus fruits not elsewhere classified from Angola skyrocketed to 1.1 tons, increasing by 32% against 2021 figures. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 1.1 tons; afterwards, it flattened through to 2022.

In value terms, citrus fruits not elsewhere classified exports skyrocketed to $998 in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 91%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Citrus Fruits Not Elsewhere Classified in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A8740%
Marshall IslandsN/AN/AN/A64.00%
MaltaN/AN/AN/A27.00%
PanamaN/AN/AN/A4.00%
Namibia24786.0102N/A-35.7%
Democratic Republic of the Congo164701331N/A42.1%
United StatesN/AN/A183N/A0%
OthersN/AN/A17529.0-83.4%
Total41178779199834.4%

Top Export Markets for Citrus Fruits Not Elsewhere Classified from Angola in 2022:

  1. Portugal (1000.0 kg)
  2. Panama (59.0 kg)
  3. Malta (37.0 kg)
  4. Marshall Islands (17.0 kg)

Source: IndexBox Market Intelligence Platform

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