The Angola apples market size volume has shown a consistent downward trend from 2014 to 2023, with the volume decreasing from 34.0 thousand metric tons in 2014 to 13.0 thousand metric tons in 2023. This represents a year-on-year decrease of 7.14% for 2023 and a compounded annual growth rate (CAGR) of -8.25% over the past five years. Notable year-on-year variations include a significant 59.37% drop in 2016, a slight recovery of 38.46% in 2017, and a continual decline from 2019 onwards. Forecasts indicate a further volume reduction to 7.2 thousand metric tons by 2028, reflecting a forecasted 5-year CAGR of -9.35% and an overall decrease of 38.78%.
Future trends to watch for:
- Impact of economic policies on agricultural imports
- Changes in consumer preferences and dietary habits
- Development of local apple production to reduce dependency on imports
- Influence of climate change on apple supply and prices
- Technological advancements in storage and transportation
