Based on the provided data for the forecast years of 2024 to 2028, we can see a steady increase in demand:
- 2024: 196.58 Thousand Metric Tons
- 2025: 200.72 Thousand Metric Tons (YoY: 2.1%)
- 2026: 204.78 Thousand Metric Tons (YoY: 2.0%)
- 2027: 208.76 Thousand Metric Tons (YoY: 1.9%)
- 2028: 212.66 Thousand Metric Tons (YoY: 1.9%)
Over a 5-year period (2024-2028), the Compound Annual Growth Rate (CAGR) is approximately 2.0%, indicating a consistent upward trend in demand for demersal fish in Angola.
As Angola continues to improve its fishing infrastructure and adopts better resource management practices, the demand for demersal fish is expected to rise. Additionally, increasing urbanization and a growing population will further drive demand, making it crucial to monitor both domestic policies and international market conditions.
