From 2014 to 2023, the coffee market size in Angola, measured in thousand metric tons, exhibited periods of stability, with occasional fluctuations. The volume mostly hovered around 17 thousand metric tons, with slight variations. A notable dip occurred in 2020, with a year-on-year decrease of 17%, bringing the volume down to 14.11 thousand metric tons. However, this drop was followed by a recovery, with the volume returning to 17 thousand metric tons from 2021 through 2023. The compound annual growth rate (CAGR) over the past five years is 0%, indicating a stagnant market trend.
Looking ahead, forecasts suggest a minimal positive trend, with the volume expected to slowly rise from 17.08 thousand metric tons in 2024 to 17.28 thousand metric tons by 2028. This period is predicted to see a modest CAGR of 0.23% over five years, translating to a forecasted 1.17% growth rate by 2028.
Future trends to watch for include potential shifts in consumer preferences, advancements in coffee production technology, and economic factors that may impact coffee consumption and production in Angola. Additionally, environmental changes and the global coffee market dynamics could also influence the local market trajectory.
