The natural honey-producing population in Angola reached 1.1681 million beehives in 2023, reflecting a steady increase over the past decade. With a five-year CAGR of 0.17% from 2018 to 2023, the growth trend has been relatively consistent. The forecasted CAGR from 2024 to 2028 is slightly lower at 0.12%, suggesting a modest but continual rise in the honey-producing population.
The year-on-year variations indicate slight fluctuations in annual growth, often hovering around 0.17% in recent years. This steady upward trend highlights the sector's resilience and potential for controlled expansion.
The forecast indicates a growth rate of 0.62% over the next five years, projecting the natural honey-producing population to reach approximately 1.1773 million beehives by 2028.
Future trends to watch include modernization in beekeeping practices, potential impacts of climate change, and shifts in local and global honey demand. Significant technological advancements and government policies could also play crucial roles in shaping this market's trajectory.
