Key Market Indicators
Angola's fish production is projected to surge to approximately 5,300 metric tons by 2028, up from around 3,400 metric tons in 2023. This represents an average annual growth rate of 6.8%. Historical data reveals that since 2005, Angola's fish supply has been increasing at an impressive annual rate of 14.2%. In contrast, fish consumption in Angola is expected to decline. By 2028, consumption is forecasted to drop to about 280,000 metric tons from 324,000 metric tons in 2023, which translates to an average annual decrease of 2.3%. Since 2019, the country's fish demand has been decreasing at a yearly rate of 2.8%. In 2023, Angola ranked 22nd in global fish consumption, with Iran surpassing it with 324,000 metric tons. Japan, the Philippines, and Thailand occupied the second, third, and fourth positions, respectively, in the global ranking.
