The import of fresh or chilled mushrooms to Angola stood at $362.6 thousand in 2023. Over the past decade, there have been significant fluctuations in year-on-year growth rates. From 2013 to 2023, the CAGR (Compound Annual Growth Rate) averaged 9.43%, demonstrating a long-term upward trend despite some volatile years. Noteworthy milestones include a sharp increase in 2017 (70.01%) and notable declines like in 2018 (-19.78%). More recently, the market exhibited steady growth with 3.86% in 2022 and 3.64% in 2023. The forecast suggests a continued growth trend with a forecasted 5-year CAGR of 2.65% leading to an estimated $429.09 thousand in 2028.
Future Trends to Watch For:
- Potential supply chain disruptions due to global events.
- Economic shifts in Angola that can impact import capacity.
- Changes in consumer preferences towards fresh produce and health foods.
- Technological advancements in logistics and storage impacting import efficiency.