Forecast: Beer Production in Angola

Beer production in Angola demonstrated stability from 2014 to 2016, each year seeing 1.1 million metric tons. A slight increase to 1.15 million metric tons occurred in 2017 and remained through 2019. A dip in 2020 was followed by an upward trend, with 2023 reaching 1.17 million metric tons. The annual growth rate over the last year was 0.34%, while the Compound Annual Growth Rate (CAGR) over the last five years stands at 0.31%. Forecasts suggest continued growth, expected to reach 1.19 million metric tons by 2028, with a 5-year CAGR of 0.28%, and overall growth of 1.43%.

Future trends to watch for include innovations in brewing technology, potential market expansions, and macroeconomic conditions in Angola that might influence production capabilities and consumption patterns.

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