Forecast: Freshwater Fish Demand in Angola

Between 2014 and 2023, the demand for freshwater fish in Angola showed significant fluctuations. Starting at 32.56 Thousand Metric Tons in 2014, the demand peaked in 2015 with a 25.21% rise before plummeting by 53.74% in 2016. The subsequent years demonstrated varied trends, with modest growth from 2017 to 2018, but a decline resumed, including a notable 19.23% drop in 2020. By 2023, the demand stood at 21.65 Thousand Metric Tons, reflecting a year-on-year decrease of 2.78% and a CAGR of -2.99% over the past five years.

Looking ahead, the forecasted data from 2024 to 2028 indicates a continued decline in demand, with a 5-year CAGR of -2.55% and an overall reduction of 12.11%. Key future trends to monitor include economic factors influencing consumer purchasing power, the impact of fisheries' sustainability practices, and potential shifts in consumer preferences towards other protein sources.

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