Key Market Indicators
Angola's import of DC motors is projected to drop significantly over the next five years. By 2028, the import value is anticipated to plummet to approximately $198,000, down from around $933,000 in 2023. This represents a year-on-year compound annual growth rate (CAGR) decline of 23.9%. The trend is not new; since 2012, Angola's demand for DC motors has already been on a downward trajectory, decreasing by an average of 10% annually. The figures highlight a continuing reduction in the country's reliance on imported DC motors.
