The sunflower seed processing volume in Angola has remained relatively stable from 2015 to 2023, consistently holding at 11.0 Thousand Metric Tons since a 10% increase in 2015. This stability indicates a mature market with negligible fluctuations.
In 2023, the volume stood at 11.0 Thousand Metric Tons, identical to the preceding eight years, showcasing a year-on-year variation of 0%. The last five-year CAGR also exhibits no growth, highlighting a plateau in production volume.
The forecasted period from 2024 to 2028 continues to project a static volume of 11.0 Thousand Metric Tons, with an expected five-year growth rate and future 5-year CAGR of 0%.
Future trends to watch for:
- Technological advancements in processing methods
- Changes in domestic and international demand
- Government policies and support for the agricultural sector
