The import of maize (except seed corn) to Angola has shown fluctuating trends from 2013 to 2023. The peak in 2016 was followed by significant variations, including a substantial drop in 2017 but steady growth from 2018 onwards. By 2023, imports stood at 39.063 million kilograms, demonstrating a consistent upward trend with a 3.89% year-on-year increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 3.85%, indicating moderate growth. Forecasted data suggest a further steady increase with a five-year CAGR of 2.81% and an overall growth of 14.85% by 2028.
Future trends to watch for:
- Potential impacts of economic and agricultural policy changes in Angola.
- Global maize price fluctuations influencing import volumes.
- Technological advancements and improvements in agricultural productivity locally.
- International trade agreements and their effects on import tariffs and volumes.
