Forecast: Energy Consumption in Agriculture in Angola

The energy consumption in agriculture in Angola showed a declining trend from 2013 to 2018, dropping from 0.12 units in 2013 to 0.05 units in 2018. The year-on-year decrease was significant, with a notable reduction of 28.57% in 2018. The compounded annual growth rate (CAGR) over the last 5 years up to 2018 was -16.06%.

From 2019 onwards, the energy consumption stabilized somewhat at 0.05 units, maintaining this level until 2023. This stabilization saw a slight fluctuation in 2019 with a 20% increase and a subsequent drop, but it remained constant at 0.05 units from 2020 onwards, with the year-on-year variation being 0% in the recent years. The CAGR for 2023 was neutral at 0%.

The forecasted data from 2024 to 2028 indicates that the energy consumption in agriculture will remain constant at 0.05 units, reflecting a forecasted 5-year CAGR of 0%. No growth or decline is expected during this period.

Future trends to watch for:

• Potential changes in agricultural practices or technology that could impact energy consumption.
• Government policies regarding energy usage and sustainability in agriculture.
• Economic factors and their influence on the agricultural sector's energy requirements.
• Emerging renewable energy sources and their adoption in agriculture.