From 2013 to 2023, Angola's maize production has shown consistent growth. In 2023, production stood at 3.3701 million metric tons, marking a slight increase of 4.12% from the previous year. Over the last two years, the year-on-year variation has averaged around 4.26%, reflecting steady growth despite slight fluctuations in certain years. Notably, the compound annual growth rate (CAGR) over the last five years stands at 4.03%, indicating a robust upward trend albeit at a more moderate pace in recent years.
Moving forward, forecasted data suggests continued growth in maize production, with an estimated production of 4.0673 million metric tons by 2028. The forecasted five-year CAGR is 2.95%, and the total growth over the next five years is expected to be approximately 15.66%. This trend reflects ongoing improvements in agricultural practices, investments in infrastructure, and favorable climatic conditions.
Future trends to watch for include:
- Continued advancements in agricultural technology and modern farming techniques.
- Potential impact of climate change and weather patterns on crop yields.
- Government policies and incentives aimed at boosting agricultural productivity.
- Market demand for maize both domestically and for export, influencing production decisions.
