Angola's fish farming production has seen remarkable growth over the past decade, surging from 57 Metric Tons in 2013 to 3,420 Metric Tons in 2023. Between 2022 and 2023, production increased by 12.52%, reflecting a solid growth trajectory. The 5-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 14.21%. Future forecasts predict production will reach 5,270 Metric Tons by 2028, with a forecasted 5-year CAGR of 6.76% and overall growth rate of 38.7%.
Future Trends to Watch For:
- Technological advancements in aquaculture techniques
- Investment in sustainable fish farming practices
- Government policies and incentives promoting local fish farming
- Market demand for locally sourced fish products
