The import of diesel engines for motor vehicles to Angola in 2024 is forecasted at $1.5246 million, which shows a strong positive variation from the 2023 actual data. However, from 2025 onwards, a declining trend is observed with forecast values dropping to $1.2279 million in 2025, $0.93718 million in 2026, $0.65223 million in 2027, and $0.37298 million in 2028.
Year-on-year variation percentages indicate a consistent reduction in imports: -19.45% from 2024 to 2025, -23.65% from 2025 to 2026, -30.41% from 2026 to 2027, and -42.80% from 2027 to 2028. Across the last five years, the Compound Annual Growth Rate (CAGR) is negative, indicating an average annual decline.
Future trends to watch for include potential shifts in Angola's economic policies, changes in vehicle technology adoption, and fluctuations in global diesel prices. Additionally, the trend towards electric and hybrid vehicles may also significantly impact diesel engine imports.
