Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola (CIF) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $7,214 per ton in 2022, with a decrease of -5.1% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen carcasses and half-carcasses of bovine meat increased by +63.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $7,603 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($9,275 per ton), while the price for Nigeria totaled $43 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+349.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola
In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Angola contracted sharply to 103 kg, falling by -98.1% compared with the year before. Overall, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5%.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat declined sharply to $743 in 2022. In general, imports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $41K, and then contracted remarkably in the following year.
| Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 0.7 | 0% |
| Spain | 0.4 | 2.3 | 7.5 | N/A | 333.0% |
| Nigeria | N/A | N/A | N/A | N/A | 0% |
| Belgium | 3.2 | 2.2 | 3.8 | N/A | 9.0% |
| United States | 11.9 | 8.1 | 14.8 | N/A | 11.5% |
| South Africa | 2.2 | 0.9 | 0.7 | N/A | -43.6% |
| Portugal | 5.0 | 3.8 | 4.5 | N/A | -5.1% |
| Canada | 1.2 | 0.5 | 1.3 | N/A | 4.1% |
| Brazil | 6.9 | 4.1 | 6.4 | N/A | -3.7% |
| Others | 0.9 | 0.6 | 1.8 | N/A | 41.4% |
| Total | 31.7 | 22.4 | 40.8 | 0.7 | -71.9% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Angola in 2022:
- Namibia (80.0 kg)
- Nigeria (23.0 kg)
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