The forecasted data for sugar cane gross production in Angola shows a consistent increase from 2024 to 2028, starting at $43.31 million US Dollars PPP in 2024 and reaching $44.12 million by 2028. This reflects a steady year-on-year growth of approximately 0.48% to 0.52%. Referencing where the industry stood in 2023 will help contextualize this growth trajectory, which indicates a continued positive trend.
Key variations over the last two years show an incremental rise:- From 2024 to 2025, a growth rate of 0.48%- From 2025 to 2026, a growth rate of 0.46%
The Compound Annual Growth Rate (CAGR) for the five-year period from 2023 to 2028 points to an average annual increase of around 0.49%, indicating a stable upward trend.
Future trends to watch for in Angola's sugar cane industry include technological advancements in agriculture, climate change impacts, and shifts in global sugar demand. Monitoring government policies and investment in agricultural infrastructure will also provide insights into potential production boosts.