Forecast: Milk Production in Angola

Milk production in Angola showed a steady increase from 2013 to 2023, standing at 228.75 Thousand Metric Tons in 2023. The year-on-year variations and the CAGR from the last five years illustrate a moderate but consistent growth trend. From 2021 to 2022, the milk production increased by 1.01%, followed by a 0.98% rise in 2023. Over the past five years, the CAGR was approximately 1.01%.

Looking ahead, Angola's milk production is forecasted to continue growing, with an estimated CAGR of 0.78% over the next five years, leading to a projected annual growth rate of 3.97% by 2028. This indicates a stable yet gradually increasing trend in milk production.

Future trends to watch for include potential impacts of technological advancements in dairy farming, governmental agricultural policies, climate change, and shifts in domestic and international demand for dairy products.

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