Updated Jan 21, 2023 23:06

Pineapple Market in Angola

Market Overview
The Angolan pineapple market totaled $ in , approximately equating 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 posted a prominent increase. Pineapple consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain momentum.

In value terms, pineapple production rose slightly to $ in estimated in export price. In general, production continues to indicate moderate growth. The most prominent rate of growth was recorded in 2009 with an increase of %. Pineapple production peaked at $ in 2014; however, from 2015 to , production remained at a lower figure.

In , the average yield of pineapples in Angola was estimated at tons per ha, therefore, remained relatively stable against the previous year. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by %. The pineapple yield peaked at tons per ha in 2015; however, from 2016 to , the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In , approx. ha of pineapples were harvested in Angola; remaining relatively unchanged against the previous year. Overall, the harvested area, however, showed a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of %. Over the period under review, the harvested area dedicated to pineapple production reached the peak figure at ha in 2019; afterwards, it flattened through to .


Consumption
Pineapple consumption in Angola reached tons in , approximately reflecting the year before. Over the period under review, consumption posted buoyant growth. Pineapple consumption peaked at tons in 2015; however, from 2016 to , consumption failed to regain momentum.

The revenue of the pineapple market in Angola was estimated at $ in , flattening at 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 recorded prominent growth. Pineapple consumption peaked at $ in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.


Market Forecast
Driven by increasing demand for pineapple in Angola, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase 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
Over the period under review, imports of pineapple in Angola were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for pineapple. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.


Trade Balance
Angola remains a net exporter of pineapple; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.