Meat production in Angola stood at 267.0 thousand metric tons in 2023. Over the years, there has been a steady increase with fluctuating year-on-year variations. From 2014 to 2019, production showed an average compound annual growth rate (CAGR) of 0.23%. The industry saw significant fluctuations like a 4.4% rise in 2015 and a 5.66% increase in 2021, juxtaposed with a notable decline of 5% in 2020.
The forecast for the next five years indicates a moderate growth rate with a five-year CAGR of 0.26%, expected to reach 271.4 thousand metric tons by 2028.
Future trends to watch for:
- Effects of climate variability on production
- Government policies impacting agribusiness
- Technological advancements in livestock farming