The forecasted demand for beans in Angola shows a continuous decline from 2024 to 2028. The demand is expected to reduce from 347.5 thousand metric tons in 2024 to 330.5 thousand metric tons in 2028. Comparing year-on-year variations: 2024 to 2025 sees a decline of 1.3%, 2025 to 2026 shows a reduction of 1.2%, 2026 to 2027 reduces by 1.2%, and 2027 to 2028 by 1.2%. The Compound Annual Growth Rate (CAGR) over these five years is approximately -1.2%.
Future trends to watch for:
• Monitor changes in agricultural policies and subsidies in Angola which could impact bean production and pricing.• Observe any major shifts in consumer preferences towards other staple foods.• Evaluate the potential impact of climate change on bean yields and supply stability.• Keep an eye on import-export regulations and their effect on local bean markets.
