The import of laminated safety glass for non-vehicle use to Angola has experienced significant fluctuations over the past decade. From a high in 2013, values dropped dramatically in 2014 and further declined until 2016. A recovery started in 2017 and 2018, with imports almost doubling year-on-year. However, this growth tapered off in subsequent years, with minor variations until 2023, where the import value stood at approximately 1.76 million USD. Over the last two years (2022-2023), there was a slight decline of 0.06%. The compounded annual growth rate (CAGR) over the last five years was -3.65%, indicating an overall declining trend. Forecasts for the upcoming years suggest a very modest decline in imports, with a 5-year CAGR of -0.05% and a total forecasted growth rate of -0.25% by 2028.
Future trends to watch for include:
- Economic stabilization or recovery in Angola, which could impact construction and infrastructure projects and subsequently demand for safety glass.
- Technological advancements and cost competitiveness in safety glass manufacturing, potentially affecting import dynamics.
- Government regulations and policies related to building safety standards, impacting the need for high-quality laminated safety glass.
- Global supply chain disruptions and their effects on import costs and availability.
