In 2023, Angola's wheat import volume stood at 1.26 million metric tons. The forecasted data for the coming years shows a steady but moderate upward trend in wheat imports:
- 2024: 1.28 million metric tons (1.59% increase year-on-year)
- 2025: 1.30 million metric tons (1.56% increase year-on-year)
- 2026: 1.32 million metric tons (1.54% increase year-on-year)
- 2027: 1.34 million metric tons (1.52% increase year-on-year)
- 2028: 1.35 million metric tons (0.75% increase year-on-year)
The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is approximately 1.39%.
Future trends to watch for include potential changes in global wheat supply due to geopolitical events, fluctuations in international wheat prices, and Angola's domestic agricultural policies aimed at boosting local wheat production. Monitoring these factors will be crucial to understanding and predicting future import volumes.
