In Angola, the cassava market size by volume was 6.22 million metric tons in 2023. Observing year-on-year variations, the market saw a slight increase of 1.06% from 2022 to 2023. Over the recent years, the market experienced fluctuations: a decrease in 2019 and 2020, followed by a notable recovery in 2021. Over the last five years, the compounded annual growth rate (CAGR) was approximately 0.79%, while forecasting a CAGR of 0.84% over the next five years until 2028, projecting a total volume growth of 4.25% within this period.
Future trends to watch for include advances in agricultural technologies, shifts in consumer preferences, and government policies related to agriculture. Monitoring these factors can provide insights into potential accelerations or decelerations in market growth.
