Agriculture In Angola - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Angola’s agriculture market is projected to record a CAGR of 5.8% during the forecast period (2022-2027).
Agriculture in Angola did not suffer any severe crisis due to the COVID-19 pandemic. The country recorded a very less number of positive cases as a whole. By maintaining the worldwide COVID-19 protocols imposed by the government and following the social distancing and safety norms, the farming community of Angola was able to overcome the crisis. Minimal disruption was faced in terms of farm labor shortage during the harvesting and input supply crisis. However, repeated lockdowns and shutdowns of processing units initially affected the supply chain and limited trade movements.
Banana, citrus, coffee, and pineapple are a few of the major producing fruits in Angola. Coffee is one of the major crops grown in the country. The Angola Ministry of Agriculture has made strategic policies to make Angolan coffee competitive in the region again.
The favorable climatic conditions for crop production and government policies encouraging the participation of private players in developing the agricultural sector, such as the National Medium-term Development Plan for the Agricultural Sector (PDMPSA), are some of the factors driving the market’s growth.
Key Market TrendsFavorable Government Policies Encouraging Agricultural ProductionThe conducive government policies are promoting agriculture in Angola. Agricultural development to diversify the economy and build domestic food production capacity is a featured element of the Angolan government’s National Development Plan for 2018-2022, which will decrease the country’s dependence on imported food. The Angolan government issued the Presidential Decree PAPE (Action Plan for Employability Promotion) to support this development. The National Development Program and the 2019 national budget provided for specific agricultural programs, including Agricultural Production Development Program (USD 192 million), PRODESI -Production, Export Promotion, and Import Substitution Program (USD 89 million). The Ministry of Agriculture and Rural Development in Angola is collaborating with the private sector to achieve objectives, like distribution of seeds and tools, reconstruction of rural infrastructure, and others. These policies have a direct or indirect impact on increasing the private sector's involvement in agriculture, which may enhance the overall agricultural sector in the country.
High Regional Trade of Coffee is Driving the MarketAgriculture in the country comprises several segments, namely fruits, vegetables, cereals, and pulses. One of the major crops of Angolan agriculture is coffee. Before the civil war, Angola used to be one of the world’s biggest coffee producers. The Angola Ministry of Agriculture made strategic policies to make Angolan coffee competitive again.
The Angolan National Coffee Institute (INCA) was established as a responsible government body for the coffee sector’s development, aiming to attract private investors for public-private partnerships (PPP) and establish a ‘coffee fund’ for smallholder farmers. These initiatives help enhance the production of coffee and increase the demand for coffee in the region.
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