Forecast: Pork Demand in Angola

Analysis of the forecasted pork demand in Angola shows a declining trend from 2024 to 2028. Starting from a value of 181.24 thousand metric tons in 2024, the demand decreases annually, reaching 163.76 thousand metric tons by 2028. Comparing the forecasts to the recorded data from 2023, there is a consistent year-on-year reduction in demand.

The variations over the next few years are noteworthy: - From 2024 to 2025, a decrease of 2.49%- From 2025 to 2026, a decrease of 2.50%- From 2026 to 2027, a decrease of 2.52%- From 2027 to 2028, a decrease of 2.52%

The compound annual growth rate (CAGR) over the five-year forecast period shows an average annual decrease of about 2.51%.

Future trends to watch include the impact of economic factors such as shifts in consumer purchasing power, regional trade policies, changes in dietary preferences, and potential government interventions or subsidies. Monitoring these factors will be crucial for predicting long-term demand shifts in the pork market in Angola.