Price for Buckwheat, Millet and Canary Seed; Other Cereals in Angola - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Angola (CIF) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Angola (FOB) - 2022
  3. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Angola
  4. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Angola

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Angola (CIF) - 2022

The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,064 per ton in 2022, shrinking by -25.6% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 30%. The import price peaked at $3,304 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($1,827 per ton), while the price for South Africa ($1,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Angola (FOB) - 2022

In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $1,643 per ton, growing by 58% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 80%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Namibia ($1,659 per ton), while the average price for exports to Italy totaled $1,042 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+16.3%).

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Angola

In 2022, purchases abroad of buckwheat, millet and canary seed; other cerealses was finally on the rise to reach 518 tons after two years of decline. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $551K in 2022. Over the period under review, imports, however, saw a abrupt slump.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa31620.23.947014.1%
ZimbabweN/AN/AN/A44.10%
Portugal1167.51.930.1-36.2%
Zambia51.611.42.9N/A-76.3%
Turkey19858.120.2N/A-68.1%
Others15.118.40.77.2-21.9%
Total69811629.6551-7.6%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Angola in 2022:

  1. South Africa (455.6 tons)
  2. Zimbabwe (36.0 tons)
  3. Portugal (16.5 tons)

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Angola

In 2022, shipments abroad of buckwheat, millet and canary seed; other cerealses decreased by -75.6% to 918 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 234%. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of buckwheat, millet and canary seed; other cerealses contracted dramatically to $1.5K in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 442%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia3.014.42.71.5-20.6%
Democratic Republic of the CongoN/A2.10.5N/A-76.2%
ZambiaN/AN/A0.7N/A0%
ItalyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.016.53.91.5-20.6%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Angola in 2022:

  1. Namibia (894.0 kg)
  2. Italy (24.0 kg)

Source: IndexBox Market Intelligence Platform

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