Based on the provided data, Angola's wheat domestic consumption is forecasted to increase steadily from 2024 to 2028. The consumption levels stand at 1.05 million metric tons in 2024, escalating to 1.13 million metric tons by 2028. This represents a consistent year-on-year growth of approximately 1.9%. The calculated CAGR (Compound Annual Growth Rate) over this five-year period is also approximated at 1.9% per annum.
In 2023, Angola's wheat consumption was 1.04 million metric tons, indicating a slight annual increase of 1% from the previous year to 2024.
Future trends to watch for include potential impacts of global wheat prices, changes in domestic agricultural policies, and technological advancements in agriculture. Monitoring these factors will be crucial for anticipating variations in future wheat consumption patterns in Angola.
