Forecast: Poultry Meat Slaughtering in Angola

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.