Forecast: Import of Tableware and Kitchenware of Wood to Angola

The import of Tableware and Kitchenware of Wood to Angola has shown significant fluctuation over the past years. The peak was observed in 2014 with a value at 875.25 Thousand US Dollars, followed by a drastic fall to 230.22 Thousand US Dollars in 2016. After recovering slightly to 437.63 Thousand US Dollars in 2017, the imports have consistently decreased. As of 2023, the value stands at 332.58 Thousand US Dollars. The year-on-year change was -4.01% in 2023, and the last five-year CAGR is -4.14%.

Future trends to watch for:

  • Continued moderate decline is forecasted with a projected value of 259.92 Thousand US Dollars by 2028.
  • The predicted five-year CAGR from 2024 to 2028 is -3.91%, indicating a steady downward trend in imports.
  • Monitoring economic conditions and trade policies in Angola will be essential to understand and anticipate further changes in import patterns.

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