In 2023, the import volume of fungicides to Angola stood at 864.22 thousand kilograms. From 2024 to 2028, the imports are forecasted to increase steadily from 866.66 thousand kilograms to 877.67 thousand kilograms. The year-on-year variation percentage over the last two years indicates a slight but consistent upward trend, reflecting a stable demand in the market over this period. The compound annual growth rate (CAGR) from 2023 through 2028 reveals an average annual increase of approximately 0.3%.
Future trends to watch for include potential impacts of local agricultural developments, any changes in pest resistance requiring different fungicide treatments, economic factors influencing purchasing power, and any trade policy adjustments affecting import volumes. Monitoring these trends will be crucial for accurate forecasting and strategic planning in the fungicide market.
