The cashew nuts yield in Angola has shown a consistent upward trend from 2013 to 2023, increasing from 7.07 to 8.9 thousand hectograms per hectare. Year-on-year variations have fluctuated slightly, with a general trend towards lower growth rates. Over the last two years (2022-2023), the increase has been 1.84%, indicating a slight slowdown compared to earlier years. The compound annual growth rate (CAGR) over the last five years was 2.06%.
Looking ahead, forecasted data suggests continued growth in cashew nut yields, reaching 9.66 thousand hectograms per hectare by 2028, with a forecast five-year CAGR of 1.3%, lower than the historical CAGR, but still pointing to positive growth. A focus on agricultural innovations and climate considerations will be critical to sustaining and potentially accelerating this growth.
Future trends to watch for include:
- Improvements in farming practices and technology adoption
- Climate change impacts and adaptation strategies
- Economic policies and investments in agriculture
- Global market demands and prices for cashew nuts
