Forecast: Oil Palm Fruit Gross Production in Angola

The forecasted oil palm fruit gross production in Angola is set to show a steady increase from 2024 to 2028, starting at 27.81 million USD in 2024 and rising to 28.14 million USD by 2028. Compared to the actual production of 27.78 million USD in 2023, the year-on-year changes from 2024 onwards exhibit a minimal but consistent growth pattern of approximately 0.3% annually. From 2024 to 2028, the Compound Annual Growth Rate (CAGR) is an estimated 0.29%, reflecting a stable, albeit modest, increase.

Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, and government policies promoting sustainable farming practices. Additionally, global market demand fluctuations, especially from major oil palm importers, could significantly influence production levels in the foreseeable future.

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