In 2023, the volume of distilled alcoholic beverages exported from Angola stood at 5.02 thousand metric tons. Forecasted figures indicate a consistent year-on-year increase with the following projections: 2024 (5.31), 2025 (5.59), 2026 (5.87), 2027 (6.14), and 2028 (6.4) thousand metric tons. The year-on-year variations show a steady growth trajectory, reflecting Angola’s increasing capacity and demand for these exports.
Year-on-year percentage variations are as follows:
- 2024: +5.78%
- 2025: +5.27%
- 2026: +5.01%
- 2027: +4.60%
- 2028: +4.23%
The compounded annual growth rate (CAGR) over the five-year forecast period averages approximately 4.98% annually.
Future Trends to Watch For:
Key trends to monitor include advancements in distillation technologies, changes in trade policies, and shifts in global demand. Additionally, market diversification and the exploration of new export markets could further impact growth positively. Sustainable production practices and branding strategies targeting premium segments may also play a critical role in shaping the future export landscape for Angola's distilled alcoholic beverages.