The volume of freshwater fish exports from Angola has experienced a downward trend over the past decade. In 2023, the volume stood at 4.21 thousand metric tons. From 2014 to 2023, the export volume showed significant fluctuations, with notable decreases in 2015 (-23.86%), 2019 (-4%), and 2020 (-19.59%). The last two years have shown a slight recovery, but the overall trend remains negative with a -3.22% year-on-year change in 2023. The compound annual growth rate (CAGR) over the past five years is -3.38%, indicating a continuous decline. The forecasted data from 2024 to 2028 predict a further decrease, with a forecasted 5-year CAGR of -3.09%.
Future trends to watch for include:
- Potential recovery in export markets due to increased demand or improved fishery practices.
- Effects of environmental changes and regulations on fish populations and export capacity.
- Developments in sustainable fishing practices and their impact on export volumes.