In 2023, Angola's fisheries production volume stood at 528.32 thousand metric tons. Year-on-year, this represents a modest increase of 1.34%. Over the last two years, a significant recovery is observed with 2022 showing a minimal decline and 2021 showcasing a strong rebound from 2020’s downward trend. The 5-year compound annual growth rate (CAGR) stands at 0.99%, indicating relatively stable yet slow growth.
Looking forward, the forecasted data suggests a steady increase with annual gains, reaching 562.22 thousand metric tons by 2028. Expected growth rates highlight a trend of stability and incremental improvement in fisheries production.
Key future trends to watch for include advancements in sustainable fishing practices, potential impacts of climate change, and regulatory changes that could affect production levels. Monitoring these factors will provide insights into the sustainability and potential growth of Angola's fisheries sector.
