Forecast: Chicken Meat Slaughtering in Angola

Chicken meat slaughtering in Angola has experienced consistent growth from 2013 to 2023, with a notable year-on-year increase each year. The series stood at 61.81 million units (heads) in 2023, reflecting a gradual but steady rise in volume over the last decade. Despite a few fluctuations, including a slight dip in 2020, overall growth has been robust with an average CAGR of 6.1% over the past five years.

Key variations include:

• 2022 saw a year-on-year growth of 3.95%.
• 2023 recorded a year-on-year increase of 3.73%.
• The average annual growth rate over the last five years was approximately 6.1%.

Looking ahead, forecasts suggest that chicken meat slaughtering will continue to rise, reaching 73.41 million units by 2028. The forecasted CAGR for the next five years is 2.7%, indicating a more moderate growth rate compared to the previous decade.

Future trends to watch for include potential impacts of market dynamics such as economic fluctuations, policy changes, and shifts in consumer preferences. Additionally, factors such as advancements in poultry farming technologies and environmental considerations may also influence growth rates.