The import value of inflatable pleasure craft in Angola saw significant fluctuations from 2013 to 2023, peaking in 2014 with a value of 1572.5 thousand USD. However, the subsequent years demonstrated a downward trend with a few sporadic increases, such as in 2017, 2019, and 2021. In 2023, the import value stood at 223.38 thousand USD, representing a year-on-year decrease of 7.6% from the previous year.
Over the last two years (2022-2023), the market experienced a downward trend in imports, while a calculated average variation per year over the last five years showed an approximate -8.92% decline in forecasted values. The future projections indicate a continuous decline in import values, with a negative growth rate of -37.33% by 2028.
Future trends to watch for include:
- Economic factors affecting consumer purchasing power in Angola.
- Possible shifts in market dynamics due to changes in government policies or tariffs on imported goods.
- Emerging local production capacities that may reduce dependency on imports.
