Updated Feb 7, 2023 19:29

Chicken Egg Market in Angola

Market Overview
The Angolan chicken egg market rose slightly to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep setback. Over the period under review, the market reached the maximum level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.

In value terms, chicken egg production expanded significantly to $ in estimated in export price. Over the period under review, production recorded a temperate increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by % against the previous year. Chicken egg production peaked at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.


Consumption
In , consumption of chicken eggs in Angola reduced to tons, standing approx. at . Over the period under review, consumption recorded a abrupt downturn. Over the period under review, consumption hit record highs at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.

The size of the chicken egg market in Angola expanded modestly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a deep setback. Chicken egg consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.


Market Forecast
Depressed by shrinking demand for chicken egg in Angola, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Trade Balance
Angola remains a net importer of chicken egg; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.