The trend of pet food exports from Portugal to Angola shows a strong increase from 2013 to 2023, growing from 1.14 to 8.18 thousand metric tons. The growth rates have varied, with significant increases such as a year-on-year change of 74.54% in 2014 and 17% in 2019. Over the last two years, growth has been more moderate with year-on-year increases of 6.88% in 2022 and 6.36% in 2023. The Compound Annual Growth Rate (CAGR) during the last five years is 9.01%.
Future trends suggest continued growth in pet food exports to Angola. The forecast indicates a CAGR of 4.03% over the next five years, projecting the volume to reach 10.55 thousand metric tons by 2028. Enhanced consumer demand, economic stability in Angola, and increased market penetration by Portuguese manufacturers will be key trends to watch.
