In 2023, the livestock gross production in Angola stood at 1.2081 billion US dollars PPP. For the forecasted period from 2024 to 2028, there is a consistent year-on-year increase. From 2024 to 2025, the value increases by 1.47%, from 2025 to 2026 it rises by 1.44%, from 2026 to 2027 it sees an increase of 1.41%, and from 2027 to 2028 there is a growth of 1.37%. Over the last two years, the average variation is approximately 1.42%, whereas the compound annual growth rate (CAGR) for the coming five years is projected to be around 1.42% as well.
Future Trends to Watch For:
- Technological advancements in livestock farming methods.
- Government policies and investments aimed at boosting agricultural productivity.
- Changes in global commodity prices influencing local market dynamics.
- Environmental challenges and their impact on livestock production capabilities.