In 2023, poultry meat slaughtering in Angola stood at 61.81 million heads. Analyzing the historical data, the industry saw significant growth from 2013 to 2019, marked by high year-on-year and compound annual growth rates (CAGRs). However, the growth rate showed a decline and became more volatile from 2020 onward, with a slight decrease in 2020 and moderate growth resuming afterward. From 2021 to 2023, growth stabilized with year-on-year increases around 4%, reflecting a more steady but subdued upward trend. The CAGR for the past five years, up to 2023, was 6.1%.
The forecasted data from 2024 to 2028 suggests a continuation of this stable growth pattern, albeit at a slightly lower rate, with an expected five-year CAGR of 2.7% and a total growth rate of 14.26%. This indicates a mature market transitioning to slower growth phases.
Future trends to watch for include:
- Potential impacts of economic fluctuations and agricultural policies on production volumes.
- Technological advancements in poultry farming that could enhance efficiency.
- Market demand shifts driven by consumer preferences and dietary trends.
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