Angola: Market for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine 2024

Market Size for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Angola

The Angolan market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine contracted to $X in 2023, falling by X% against the previous year. In general, consumption, however, continues to indicate resilient growth. Consumption of peaked at $X in 2022, and then declined slightly in the following year.

Production of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Angola

In value terms, production of prepared or preserved fish and dishes other than dried, smoked, salted or in brine contracted to $X in 2023 estimated in export price. Over the period under review, production recorded buoyant growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Exports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Exports from Angola

Exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Angola rose modestly to X tons in 2023, increasing by X% on the year before. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine fell to $X in 2023. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

China (X tons), Namibia (X tons) and the United States (X tons) were the main destinations of exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Angola, together accounting for X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared or preserved fish and dishes exported from Angola were China ($X), Namibia ($X) and the United States ($X), with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Imports into Angola

In 2023, approx. X tons of prepared or preserved fish and dishes other than dried, smoked, salted or in brine were imported into Angola; shrinking by X% against the year before. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine fell remarkably to $X in 2023. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Morocco (X tons) constituted the largest prepared or preserved fish and dishes supplier to Angola, with a X% share of total imports. Moreover, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Morocco exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was held by Congo (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Morocco amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Congo (X% per year).

In value terms, the largest prepared or preserved fish and dishes suppliers to Angola were Morocco ($X), Thailand ($X) and Portugal ($X), together comprising X% of total imports. China, Indonesia, Congo, Chile and South Africa lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Congo, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Congo ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform