Over the last decade, the import of cheese and curd to Angola has experienced substantial fluctuations. The highest value recorded was in 2014 with a significant year-on-year increase of 49.69%, but this was followed by a dramatic decline of 40.06% in 2015. The trend has mostly been downward since then, with occasional small rebounds such as a 19.72% rise in 2017 and a 16.89% increase in 2021.
In 2023, imports stood at 15.245 million USD, marking a 3.04% decline from the previous year. The annualized rate (CAGR) from 2018 to 2023 is -1.54%, indicating a gradual decrease. Future projections for the next five years estimate a continued decline with a CAGR of -2.84%, leading to a forecasted value of 12.748 million USD by 2028, which represents a total decrease of 13.39% over this period.
Looking ahead, several key factors could impact these trends, such as changes in Angola's economic conditions, shifts in consumer preferences, and potential alterations in trade policies or import tariffs. Close monitoring of these elements will be essential for accurate forecasting and strategic planning.
