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.