Forecast: Sugar Cane Production in Angola

The production of sugar cane in Angola has shown several fluctuations over the past decade. From 2013's 510.0 thousand metric tons, production dipped to 437.88 thousand metric tons in 2015 but rebounded sharply in subsequent years, reaching 683.21 thousand metric tons by 2021. The year-on-year growth had notable peaks and troughs, indicating variable factors affecting production. For the year 2023, sugar cane production stood at 715.02 thousand metric tons with a modest 2.25% year-on-year increase, revealing a relatively stable growth trajectory.

Looking at the compounded annual growth rate (CAGR) over the last five years, the production increased by 2.26% on average per year. Predictions estimate that by 2028, the industry's CAGR will slightly slow to 1.71%, resulting in an 8.87% total growth over the forecasted period from 2024 to 2028.

Future trends to watch for include potential impacts of climate change, technological advancements in agricultural practices, and government initiatives to boost agricultural output. These factors will significantly influence the stability and growth of sugar cane production in Angola.

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