Key Market Indicators
Angola's consumption of alcoholic beverages is projected to decline to approximately 19,000 metric tons by 2028, down from 23,000 metric tons in 2023. This represents an average annual decrease of 2.8%. The downward trend in Angola's demand for alcoholic drinks has been ongoing since 2019, with an average yearly reduction of 3.2%. In 2023, Angola ranked 56th globally in alcoholic beverage consumption, with Ethiopia surpassing it with the same consumption figure of 23,000 metric tons. Internationally, India, Japan, and Russia held the second, third, and fourth positions respectively in the ranking of alcoholic drink consumption.