Price for Cereal Flours; Other than of Wheat or Meslin in Angola - 2022

Price for Cereal Flours; Other than of Wheat or Meslin in Angola (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $264 per ton, dropping by -9% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $723 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($507 per ton), while the price for Argentina ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Flours; Other than of Wheat or Meslin in Angola (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $581 per ton in 2022, reducing by -12.8% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $839 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -0.7% per year.

Imports of Cereal Flours; Other than of Wheat or Meslin in Angola

In 2022, overseas purchases of cereal flours; other than of wheat or meslin were finally on the rise to reach 90K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep downturn.

In value terms, imports of cereal flours; other than of wheat or meslin contracted to $24M in 2022. Overall, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1.6% against the previous year. As a result, imports attained the peak of $56M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Flours; Other than of Wheat or Meslin in Angola (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	24.1	15.4	9.0	11.2	-22.5%
Brazil	27.7	33.3	8.3	6.5	-38.3%
Namibia	0.9	1.3	8.0	3.9	63.0%
Turkey	0.3	1.4	0.1	0.9	44.2%
Others	2.5	4.8	0.5	1.1	-23.9%
Total	55.4	56.2	25.8	23.7	-24.7%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Angola in 2022:

South Africa (46.8K tons)
Brazil (24.4K tons)
Namibia (14.3K tons)
Turkey (1.9K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Angola

In 2022, after two years of decline, there was significant growth in overseas shipments of cereal flours; other than of wheat or meslin, when their volume increased by 20,852% to 935 tons. Overall, exports, however, faced a dramatic setback.

In value terms, exports of cereal flours; other than of wheat or meslin soared to $543K in 2022. In general, exports, however, saw a sharp setback.