Milled rice and broken rice market in Angola

Earlier Report Observations

Angola's rice market remained heavily import-dependent throughout the period, with market volume growing from 462 thousand tons in 2018 to 716 thousand tons in 2020. This reliance was underpinned by the launch of the National Grain Production Promotion Plan (Planagrao) and the Support Program for Production, Diversification of Exports and Substitution of Imports (PRODESI) in 2018, which aimed to increase local output but had limited immediate impact. The introduction of Value-Added Tax in October 2019 raised consumer prices but did not curb import growth, which surged to supply the market.

Market volume contracted in 2021 to 685 thousand tons as rice prices jumped by 38% over the year, pressured by weak domestic production, an unfavorable exchange rate, and a challenging macroeconomic environment. The following year saw a recovery to 804 thousand tons, supported by the continued implementation of Planagrao to expand cultivated area, although domestic production still met only about 3% of national consumption.

In 2023, the market volume fell sharply to 568 thousand tons amid persistent price increases and economic constraints. Concurrently, private investments like those from Grupo Carrinho and new production ventures, such as a farm with a Chinese partner, began to develop local capacity. For 2024, the government organized an electronic auction to license the import of 270 thousand tons of rice, leading to a concentration among a few companies, while the central bank allocated USD 150 million to support rice imports and exchange rate needs.

Production milled rice and broken rice in Angola

In kind, 2017-2020, K t

Top producers of milled rice and broken rice, 2017-2020

World map of production of milled rice and broken rice, 2017-2020

In 2018, Angola's production of milled rice and broken rice reached its highest level at 258.2 thousand tons. This was followed by a significant decline of 17.9% in 2019, when output fell to 212.0 thousand tons. In 2020, production rebounded strongly, increasing by 16.1% to reach 246.2 thousand tons.

Annual dynamics of production in Angola in kind, 2017-2020, K t

Exports milled rice and broken rice from Angola

Exports in kind, K t

Angola's exports of milled rice and broken rice showed considerable volatility during the observed period. The lowest volume was recorded in 2017, while exports peaked in 2019 at 0.4 thousand tons, representing a 9,211-fold increase from the 2017 low. In 2020, exports plummeted to zero, marking a dramatic 96.0% decrease compared to the previous year. The most substantial growth occurred in 2018, with exports surging by an extraordinary 310,511.6%.

Annual dynamics of product's exports from Angola in kind, 2017-2020, K t

From 2017 to 2020, the Democratic Republic of the Congo was virtually the sole destination for Angola's milled rice and broken rice exports, accounting for 97.8% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Angola in kind, 2017-2020

Exports in value, M $ US

The value of Angola's milled rice and broken rice exports exhibited significant volatility over the period. Export revenues reached their lowest point in 2017, then peaked in 2019 at 0.2 million US dollars, representing a 1,347-fold increase from the 2017 trough. In 2020, export earnings collapsed to zero, showing a sharp 93.8% decline compared to 2019. The most remarkable growth occurred in 2018, with export values skyrocketing by 96,868.1%.

Annual dynamics of product's exports from Angola in value, 2017-2020, M $ US

Between 2017 and 2020, Angola's milled rice and broken rice exports in value terms were heavily concentrated on the Democratic Republic of the Congo, which accounted for 96.1% of total export earnings.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Angola in value, 2017-2020

Imports milled rice and broken rice to Angola

Imports in kind, K t

Angola's imports of milled rice and broken rice have grown for three consecutive years. In 2020, imports reached 469.5 thousand tons, representing a 24.7% increase compared to 2019. Over the entire 2017-2020 period, import volumes expanded by an impressive 2,890.7%, with a compound annual growth rate of 210.4%.

Annual dynamics of product's imports to Angola in kind, 2017-2020, K t

Throughout the 2017-2020 period, Thailand dominated Angola's milled rice and broken rice imports by volume, accounting for 74.7% of total imports, while other sources contributed relatively small shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Angola in kind, 2017-2020

Imports in value, M $ US

Angola's spending on milled rice and broken rice imports has increased for three straight years. In 2020, import expenditures amounted to 298.6 million US dollars, showing a substantial 28.4% rise compared to 2019. Over the 2017-2020 period, import values grew by a remarkable 3,207.1%, with a compound annual growth rate of 221.0%.

Annual dynamics of product's imports to Angola in value, 2017-2020, M $ US

From 2017 to 2020, Thailand remained Angola's dominant source for milled rice and broken rice imports by value, capturing 74.4% of total import spending, while other markets accounted for the remainder.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Angola in value, 2017-2020