The forecast for wine market size volume per capita in Angola shows a decreasing trend from 2024 to 2028. The baseline year, 2023, saw wine consumption at an undetermined value. Starting in 2024 with 1.04 kg per capita, the volume drops to 0.73 kg by 2028, reflecting a compounded annual growth rate (CAGR) of -8.55% over the five-year period. Each year-on-year variation is consistently negative, indicating a steady decline in wine consumption per person.
Future trends to watch for include potential economic factors influencing disposable income, shifts in consumer preferences towards other beverages, and changes in import tariffs or wine production within the region. Additionally, monitoring the impact of marketing strategies by wine producers could help in identifying ways to mitigate the declining trend.
