Key Market Indicators
Angolan butter consumption is expected to drop to around 600,000 metric tons by 2026, from 1 million metric tons in 2021. This represents an 8.3% decrease on average year-on-year. Since 2017, demand has remained stable. In 2021, Angola was ranked 100th, with Kyrgyzstan overtaking it and reaching 1 million metric tons. Germany, France, and Russia took the second, third, and fourth spots in this ranking respectively. Angolan butter production is projected to rise to 663,600 metric tons in 2026, from 629,000 metric tons in 2021. This growth is set at a 0.9% CAGR year-on-year. Since 1966, supply has increased at an annual rate of 0.9%. In 2021, Angola was placed 91st in the rankings, with Bulgaria moving ahead to 629,000 metric tons. New Zealand, Germany, and France ranked second, third, and fourth respectively.