In 2023, the imports of felt carpets and floor coverings to Angola stood at 170.35 thousand US dollars. Observing past trends, the import value experienced significant fluctuations. From 2013 to 2014, there was a remarkable increase of 59.34%, followed by a steep decline of 59.77% in 2015. Year-on-year variations continued to show volatility with notable spikes such as a 178.55% increase in 2017 and a dramatic drop of 66.81% in 2018.
In the most recent years, the trend stabilized with relatively smaller year-on-year changes: a -2.32% variation in 2022 and a -2.33% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years reflected a modest decline at -2.1%.
Future trends to watch for:
• Implementation of policies affecting trade tariffs
• Economic recovery and consumer spending patterns
• Changes in supplier countries or geo-economic relationships
• Sustainable and eco-friendly product availability
Close monitoring of these factors will be crucial for predicting future import behavior.
