Maize feed consumption in Angola was recorded at 935 thousand metric tons in 2023. The year-on-year variation showed a 2.97% increase compared to 2022. Over the last five years, the compound annual growth rate (CAGR) averaged a 0.064% decline annually, indicating a slight contraction over the recent half-decade despite fluctuations. Historical data highlight significant volatility, notably a sharp 115.14% increase from 2017 to 2018, and a subsequent decrease of 12.26% in 2019. Between 2016 and 2017, there was a notable 16.79% decrease. However, since 2020, there has been a return to steady growth, with annual increments of around 3%.
Looking ahead, the forecasted data points toward a consistent upward trend, with expected year-on-year increases leading up to 1060 thousand metric tons by 2028. The 5-year forecast CAGR stands at 2%, culminating in a forecasted 10.4% overall growth by 2028. Future trends to watch for include the potential impacts of agricultural policy changes, climate variability, and market demand variations, which could influence the steadiness of the projected growth. Monitoring these factors will be critical for accurately predicting future trends in maize feed consumption in Angola.
