In 2023, wheat gross production in Angola stood at a value of 588.0 thousand US Dollars PPP. The forecasted data indicates a continuous year-on-year decline: a -8.9% decrease in 2024, -8.9% in 2025, -9.5% in 2026, -10.5% in 2027, and -11.8% in 2028. The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately -10.2%, signifying an average yearly decline over this period.
Future Trends to Watch For:
- Potential impacts of climate change on wheat production.
- Government agricultural policies and investment.
- Technological advancements in farming techniques.
- Global wheat market prices and trade agreements.
- Socio-economic conditions influencing agricultural labor and land use.
