Forecast: Grapes Market Size Volume in Angola

In 2023, the grapes market size volume in Angola stood at 1.0 thousand metric tons. The volume showed significant fluctuations over the past decade, with a notable peak of 3.0 thousand metric tons in 2015, followed by a sharp decline and subsequent stabilization. From 2019 onwards, the grapes market volume largely remained around 1.0 thousand metric tons with minor variations. The forecasted years show a decline, with volumes expected to drop to 0.69 thousand metric tons by 2028, indicating a forecasted 5-year CAGR of -5.38% and an expected total decline of 24.18%.

Future trends to watch for include:

- The impact of climate change on grape production and overall agricultural yield in Angola.

- Shifts in consumer preferences towards different types of fruits or beverages, potentially affecting grape demand.

- Improved agricultural practices or technology adoption that could enhance yield or mitigate projected declines.

- Economic factors that might influence import and export dynamics, affecting the market size.

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