Whole fresh goat milk production in Africa has shown fluctuations over the past decade, with a noted increase from 2013 to 2023. The production value in 2023 stood at 4.4771 million metric tons, reflecting a slight year-on-year increase of 0.62%. Looking at longer trends, the compound annual growth rate (CAGR) over the past five years averaged at 0.76%, indicating moderate but consistent growth.
Key figures:- 2013: -6.88% YoY, 0.81% CAGR- 2014: 3.59% YoY, 0.53% CAGR- 2015: 1.08% YoY, 0.29% CAGR- 2016: 3.9% YoY, 0.59% CAGR- 2017: -3.96% YoY, -0.55% CAGR- 2018: -1.08% YoY, 0.66% CAGR- 2019: 0.95% YoY, 0.15% CAGR- 2020: -4.12% YoY, -0.91% CAGR- 2021: 5.95% YoY, -0.52% CAGR- 2022: 0.63% YoY, 0.41% CAGR- 2023: 0.62% YoY, 0.76% CAGR- 2028 (Forecast): 0.5% Forecast 5-year CAGR, 2.51% Forecast 5-year Growth rate
Future trends to watch for: Ongoing enhancements in agricultural practices and potential shifts in market demand could drive further production increases. Additionally, economic factors and climate change may also impact future production levels and should be monitored closely.
