The import value of jewellery of precious metal to Angola stood at 0.25586 Million US Dollars in 2023. When examining the trend since 2013, there has been a consistent decline. The year-on-year variation over the past two years showed a decrease of -12.23% from 2022 to 2023. The last five years have seen an average annual decrease (CAGR) of -6.87%. The forecasted data suggests a continued downward trend, predicting a substantial decline by 2028 with an average annual decrease rate (forecasted CAGR) of -20.32% and an overall growth rate of -67.88% over the next five years.
Future trends to watch for include potential economic policies Angola might implement to stimulate its economy, changes in international trade relationships, fluctuations in the global precious metal market, and evolving consumer preferences which could affect the demand for imported jewellery.
