Updated Feb 7, 2023 19:29

Market for Egg, Excluding Hen Egg in Angola

Market Overview
In , the Angolan egg, excluding hen egg market decreased by -% to $, falling for the eighth consecutive year after three years of growth. Overall, consumption showed a significant decline. Egg, excluding hen egg consumption peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.


Consumption
In , consumption of eggs, excluding hen eggs decreased by -% to tons, falling for the seventh consecutive year after four years of growth. Overall, consumption recorded a dramatic contraction. Egg, excluding hen egg consumption peaked at tons in 2015; however, from 2016 to , consumption remained at a lower figure.

The size of the egg, excluding hen egg market in Angola plummeted to $ in , waning 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). Over the period under review, consumption saw a dramatic slump. Egg, excluding hen egg consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.


Market Forecast
Depressed by shrinking demand for egg, excluding hen egg in Angola, the market is expected to continue its downward consumption trend over the next eight-year period. 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 .


Market Structure
Egg, excluding hen egg market in Angola consists almost entirely of imported products.


Trade Balance
Angola remains a net importer of egg, excluding hen 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.