In 2023, Angola's wheat export volume stood at 24.0 thousand metric tons. The forecasted data for 2024 to 2028 shows a consistent upward trend in wheat exports. The export volume is projected to increase from 25.0 thousand metric tons in 2024 to 31.0 thousand metric tons by 2028. This represents a year-on-year percentage increase of approximately 8% from 2024 to 2025, 3.7% from 2025 to 2026, 3.6% from 2026 to 2027, and 6.9% from 2027 to 2028.
Over the last two years (from 2023 to 2025), the export volume is expected to grow by 12.5%, indicating strong growth momentum. The Compound Annual Growth Rate (CAGR) over the last five years shows an average annual increase of approximately 5.3%.
Future Trends to Watch For:
- Investment in agricultural technology to boost wheat yield.
- Government policies promoting agricultural exports.
- Global market demand fluctuations.
- Climate change impacts on crop production.
