In 2023, Angola's meat production stood at 347.46 thousand metric tons, representing a 2.24% year-on-year increase from 2022. Over the previous two years, production experienced an average annual growth rate of approximately 2.24%, highlighting a steady upward trend despite slight fluctuations. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) has been 2.79%, reflecting moderate but consistent growth in the sector. Looking forward to 2028, a forecasted CAGR of 1.71% suggests a more subdued growth trajectory, with a total expected increase of 8.84% over the next five years.
The following trends are worth monitoring for future developments in Angola's meat production:
- Potential impacts of global economic conditions on local agriculture policies and investment in meat production
- Technological advancements and their adoption in farming practices to enhance production efficiency
- Shifts in consumer preferences towards sustainable and locally sourced meat products
- Government initiatives aimed at supporting the agriculture sector, including subsidies and infrastructure improvements
- Climate change effects on livestock farming rates and overall agricultural productivity
