Non-Liquid Margarine Price in Angola - 2022
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Non-Liquid Margarine Price in Angola (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $1,122 per ton, which is down by -3% against the previous year. In general, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2016 an increase of 22%. The import price peaked at $1,434 per ton in 2012; however, from 2013 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 ($2,869 per ton), while the price for Namibia ($627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Imports in Angola
In 2022, supplies from abroad of non-liquid margarine increased by 25% to 8.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt decline.
In value terms, non-liquid margarine imports surged to $9.8M in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.
| Import of Non-Liquid Margarine in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.4 | 6.6 | 4.1 | 6.0 | 10.9% |
| Brazil | 2.1 | 1.0 | 1.0 | 0.8 | -27.5% |
| Portugal | 0.9 | 0.7 | 0.6 | 0.6 | -12.6% |
| Netherlands | 2.4 | 1.3 | 0.8 | 0.4 | -45.0% |
| Spain | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Malaysia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Belgium | 1.8 | 0.7 | 0.2 | 0.2 | -51.9% |
| Namibia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.6 | 0.7 | 0.8 | 1.0 | 18.6% |
| Total | 12.9 | 11.5 | 8.1 | 9.8 | -8.8% |
Top Suppliers of Non-Liquid Margarine to Angola in 2022:
- Indonesia (6506.1 tons)
- Brazil (623.3 tons)
- Malaysia (219.0 tons)
- Portugal (213.5 tons)
- Netherlands (172.7 tons)
- Namibia (164.2 tons)
- Spain (164.2 tons)
- Belgium (103.0 tons)
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