In 2023, the import value of gas turbine engines to Angola was 300.00 million USD. The forecasted data indicate an upward trend from 2024 to 2028, starting at 310.01 million USD in 2024 and reaching 352.56 million USD by 2028. The year-on-year percentage variations for each year from 2024 to 2028 show consistent growth:
- 2024: 3.34% increase
- 2025: 3.52% increase
- 2026: 3.34% increase
- 2027: 3.17% increase
- 2028: 3.01% increase
The compound annual growth rate (CAGR) over the five-year period is approximately 3.28%.
Future trends to watch for include the effects of global economic conditions, technological advancements in gas turbine engines, and the potential impact of energy policies in Angola on import volumes. Close monitoring of these factors will be essential in forecasting future import dynamics accurately.
