In 2023, Angola's cocoa beans yield stood at 1.75 thousand hectograms per hectare. Over the past two years, the yield grew by 1.53% in 2022 and by 1.45% in 2023. Observing a longer trend, the Compound Annual Growth Rate (CAGR) over the last five years was 1.63%. This indicates a slow but steadily increasing yield.
Looking ahead, from 2024 onwards, the future yield is forecasted to continue this gradual increase. By 2028, the yield is anticipated to reach 1.88 thousand hectograms per hectare, with a five-year CAGR forecasted at 1.16% and an overall growth rate of 5.93% during this period.
Future trends to watch for include:
- Technological advancements in cocoa farming techniques.
- Impact of climate change on yield patterns.
- Government policies and investments in agricultural sectors.
- Market demand for cocoa products and its influence on farming practices.
