In 2023, Angola's wheat import stood at 1.03 million metric tons. Forecasted data indicates a steady increase in imports, with figures rising to 1.05 million metric tons in 2024, 1.07 in 2025, 1.09 in 2026, 1.11 in 2027, and 1.13 in 2028. The year-on-year growth rates are consistent at approximately 1.9% over the forecasted period.
Key trend variations are observed as follows:
- 2023-2024: 1.9% increase
- 2024-2025: 1.9% increase
- 2025-2026: 1.9% increase
- 2026-2027: 1.8% increase
- 2027-2028: 1.8% increase
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.9%.
Future trends to watch for include policy changes affecting import tariffs, local agricultural advancements, and global wheat market price fluctuations. Assessing the impact of climatic conditions and infrastructure improvements on domestic wheat production will be critical for future projections beyond 2028.
