Forecast: Groundnuts Production in Angola

The production of groundnuts in Angola is projected to increase steadily from 245.16 Thousand Metric Tons in 2024 to 265.92 Thousand Metric Tons by 2028. This marks a continuous growth year-over-year. From 2025 to 2028, the year-on-year variation percentages are 2.18%, 2.09%, 2.01%, and 1.93%, respectively. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.02%, indicating a stable annual increase in production. In 2023, the production stood at 241.00 Thousand Metric Tons.

Future trends to watch:

  • Climate conditions and their impact on agriculture.
  • Technological advancements in farming techniques.
  • Governmental policies and support towards the agricultural sector.
  • Market demand both domestically and internationally.

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