The natural gas liquids (NGL) production in Africa experienced fluctuations from 2013 to 2023. The actual data showed periods of both growth and decline, with a general upward trend post-2013, peaking in 2022 at 517.5 thousand barrels per day. The year 2023 saw a slight contraction by 1.82%.

From 2024 onwards, the forecasted data suggest a plateau in NGL production, maintaining steady values around 508.62 thousand barrels per day by 2028. The Compound Annual Growth Rate (CAGR) over the past five years ending in 2023 was 1.02%. Over the forecast period, the predicted CAGR is negligible at 0.01%, indicating minimal growth.

Future trends to watch for:

Technological advancements in extraction methods could influence production efficiency.
Policy changes and international agreements affecting energy exports and environmental regulations.
Fluctuations in global demand and energy prices impacting production incentives.
Investment in renewable energy sources and its competitive impact on traditional fossil fuels.