Forecast: Seed-Cotton Production in Angola

Seed-cotton production in Angola experienced no variation from 2013 to 2018, maintaining a consistent volume of 5.5 thousand metric tons. A decline started in 2019 with a year-on-year decrease of 1.56%, followed by a significant drop of 4.98% in 2020. While there was a slight recovery in 2021 with a 4.93% increase, the trend again fell into a marginal decline in the subsequent years, showing year-on-year decreases of 0.33% in 2022 and 0.32% in 2023. As of 2023, the production volume stands at 5.36 thousand metric tons. The Compound Annual Growth Rate (CAGR) over the past five years is -0.5% per year.

Looking ahead, the forecast from 2024 to 2028 indicates a continued gradual decline in seed-cotton production, with the forecasted five-year CAGR estimated at -0.26% and an overall forecasted five-year growth rate of -1.32%.

Future trends to watch for include potential impacts of climatic changes, government policies on agricultural practices, and investments in modern farming techniques which could alter the current downward trend.

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