Key Market Indicators
Angolan wine consumption is projected to decline significantly, reaching approximately 30,000 metric tons by 2028. This marks a decrease from the current level of 38,000 metric tons in 2023, with an annual compound growth rate falling by 4%. Since 2019, Angola's demand for wine has consistently decreased by 4.6% year over year. In the global ranking for 2023, Angola stood at the 41st position in terms of wine consumption. Morocco slightly edged out Angola, also consuming around 38,000 metric tons of wine. Meanwhile, France, the United States, and Italy secured the second, third, and fourth spots respectively in the ranking.
