The import of dog or cat food to Angola has shown significant fluctuation over the past decade. The data reveal a peak in 2014 with an import volume of 19.739 million kilograms, following which, there were substantial decreases and occasional recoveries. This volatility is highlighted by the varying year-on-year changes, with notable drops in 2015 (-53.28%) and 2017 (-38.22%). The CAGR for the past five years averages at 7.37%, indicating modest growth. In 2023, the volume stood at 12.668 million kilograms, showing a slight increase over the previous year (+3.13%).
Looking ahead, the forecasted import volumes suggest a steady growth trend with an estimated 13.091 million kilograms in 2024 and reaching 14.677 million kilograms by 2028. The forecasted CAGR over the next five years is 2.31%, indicating a gradual but stable growth rate of 12.12% overall.
Future trends to watch for include potential impacts of economic policies, fluctuations in purchasing power, and the influence of local production capacities on import needs. Additionally, observing changes in pet ownership demographics could provide insights into future import demands.