The import volume of coconuts and copra in Angola has seen significant fluctuations from 2014 to 2023, dropping from 5.0 thousand metric tons to 1.0 thousand metric tons, marking a significant 50% year-on-year decrease and a compounded annual growth rate (CAGR) of -12.94% over the last five years. Key decreases include a 75% drop in 2016, and stability was observed in 2019 and 2022, yet the overall trend points to a continuous decline.
Forecasts from 2024 to 2028 indicate a further decrease in import volumes, ending at just 0.1 thousand metric tons by 2028. The 5-year forecasted CAGR is a steep -36.9%, predicting a 90% decline from present levels.
Future trends to watch for include potential shifts towards domestic production, changes in trade policies, or market disruptions that could impact import needs. Monitoring price fluctuations and competitive markets will be essential to understand ongoing trends in the coconuts and copra market.
