Forecast: Distilled Alcoholic Beverages Market Size Volume Per Capita in Angola

In 2023, the per capita volume of distilled alcoholic beverages in Angola stood at 0.68 Kilograms. The forecast for 2024 predicts a volume of 0.64 Kilograms per capita, indicating a decrease of approximately 5.9% from the previous year. This downward trend continues, with projections showing year-on-year decreases: 6.3% in 2025 (0.6 Kg), 5% in 2026 (0.57 Kg), 7% in 2027 (0.53 Kg), and 5.7% in 2028 (0.5 Kg). The five-year compound annual growth rate (CAGR) reflects an average annual decrease of approximately 6.2%.

Future trends to watch for:

• Shifts in consumer preferences towards lower or non-alcoholic beverages due to growing health consciousness.
• Potential economic factors and regulatory changes impacting disposable income and alcohol consumption.
• Emerging market influences and competition from local producers.