Starches; Inulin Price in Angola - 2022
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Starches; Inulin Price in Angola (CIF) - 2022
The average starches; inulin import price stood at $957 per ton in 2022, picking up by 7.1% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starches; inulin import price decreased by -6.5% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 59% against the previous year. The import price peaked at $1,067 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($1,550 per ton), while the price for Vietnam ($522 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Imports in Angola
In 2022, approx. 936 tons of starches; inulins were imported into Angola; declining by -24% against the year before. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year.
In value terms, starches; inulin imports shrank sharply to $896K in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year.
Import of Starches; Inulin in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 870 | 455 | 837 | 428 | -21.1% |
Netherlands | 0.7 | 2.5 | 6.4 | 134 | 476.3% |
Egypt | N/A | 8.2 | 31.9 | 133 | 302.7% |
China | 25.5 | 31.5 | 27.4 | 67.7 | 38.5% |
Vietnam | 52.5 | 56.0 | 42.1 | 64.5 | 7.1% |
Turkey | 32.0 | 23.1 | 17.6 | 26.6 | -6.0% |
India | 48.2 | 25.4 | 3.8 | 12.6 | -36.1% |
South Africa | 63.5 | 8.4 | 4.6 | 5.1 | -56.9% |
Argentina | N/A | N/A | 95.9 | N/A | 0% |
Others | 77.9 | 80.7 | 34.3 | 25.3 | -31.3% |
Total | 1,170 | 691 | 1,101 | 896 | -8.5% |
Top Suppliers of Starches; Inulin to Angola in 2022:
- Portugal (275.8 tons)
- Netherlands (201.8 tons)
- Egypt (149.8 tons)
- Vietnam (123.6 tons)
- China (112.4 tons)
- Turkey (32.2 tons)
- India (15.6 tons)
- South Africa (8.8 tons)
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