The import of Metal Sawing or Cutting-Off Machines to Angola has seen significant fluctuations over the past decade. From a peak in 2014 with a 14.57% increase, the imports dropped drastically by 68.35% in 2015 and continued to decline intermittently. From 2018 to 2023, the imports showed a downward trend, with a Compound Annual Growth Rate (CAGR) of -9.29% over the past five years. In 2023, the imports stood at 66.78 thousand kilograms, experiencing a decrease of 15.27% year-on-year.
Future forecasts indicate a continuing decline in imports, with the volume dropping significantly each year, culminating in a forecasted reduction to 3.89 thousand kilograms by 2028. The future trends to watch for include technological advancements in domestic manufacturing and potential shifts in trade policies that could impact these imports.
