Barley beer production in Angola demonstrated a fluctuating trend from 2013 to 2023, with production standing at 1.3098 million metric tons in 2023. Year-on-year variations show a mix of growth and decline with notable increases in 2013 (10.53%) and 2021 (8.4%), and dips in 2018 (-4.35%) and 2020 (-2.02%). The Compound Annual Growth Rate (CAGR) over the last five years, ending in 2023, is 3.55%. Forecasted data from 2024 to 2028 indicate a relatively stable growth trajectory, projecting an average annual growth rate (CAGR) of 2.03% and an overall increase of 10.54% across the five years.
Future trends to watch for include the impact of economic conditions on production capacity and the potential influence of global market trends on local barley beer demand. Emerging consumer preferences and regulatory changes could also play pivotal roles in shaping the industry's future.