In 2023, Angola's seed-cotton gross production stood at $4.78 million. The forecasted values indicate a declining trend from 2024 to 2028. Specifically, production is expected to decrease annually by approximately 0.85% from $4.74 million in 2024 to $4.56 million in 2028. The compounded annual growth rate (CAGR) for this period is -0.92% over the five-year span.
Future trends to watch for include:
• Possible changes in agricultural policies that could impact production levels.
• Innovations in cotton farming technology which may improve efficiency and output.
• Fluctuations in global cotton market prices affecting profitability and investment in seed-cotton farming.
