Angola: Poultry and Products Annual

Post forecasts 2024 imports will be fall by 4.5 percent to 210,000 metric tons (MT). Since the presidential elections in 2022, Angolan chicken meat imports have been decreasing due to devaluation of the Angolan currency (kwanza) and growing food price inflation. Decreasing oil production and fluctuations in global petroleum prices have also led to significant challenges for the Angolan economy. Post forecasts Angolan poultry production will increase by 8 percent in 2024, but consumption will fall in line with consumers’ shrinking purchasing power.