Over the last decade, we observe significant volatility in soybean feed consumption in Angola. The consumption value for 2023 stood at 7.0 thousand metric tons, marking no change from the previous year, which stabilized after reaching this level in 2017.
Year-on-year variation has been inconsistent. Key fluctuations include substantial growth in 2017 (133.33%) and noticeable declines in 2016 (-40%). The CAGR over the last five years shows a stable trend at 3.13%.
Looking ahead, future trends to watch include moderate annual growth averaging 2.71%, with an overall projected increase of 14.29% by 2028. This suggests a gradual recovery and stabilization in the market.
