Forecast: Import of Microwave Ovens to Angola

The import of microwave ovens to Angola is forecasted to decline steadily from 2024 to 2028. In 2023, the import value stood at 1.5734 million USD. The year-on-year variations show a consistent downward trend, with annual percentage decreases of approximately 5.82% in 2025, 6.05% in 2026, 6.31% in 2027, and 6.62% in 2028. Over the last five years, the compound annual growth rate (CAGR) averages a decline of 6.2% per year.

Future trends to watch for include potential economic influences that may either exacerbate or mitigate this decline, such as changes in consumer purchasing power, currency fluctuations, and any new trade policies affecting import duties. Additionally, technological advancements in alternative cooking appliances and changes in consumer preferences could also impact the import volumes.

  • 2024: Import value of 1.4856 million USD
  • 2025: Import value of 1.3991 million USD
  • 2026: Import value of 1.3143 million USD
  • 2027: Import value of 1.2313 million USD
  • 2028: Import value of 1.1499 million USD

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