Forecast: Import of Porcelain or China Tableware and Kitchenware to Angola

Angola's import of porcelain or china tableware and kitchenware has shown fluctuations over the years. The value stood at 8.9194 Million USD in 2023. The market displayed significant variations, including a sharp decline in 2015 and 2016 and a notable recovery in 2017. Over the last two years, the imports experienced modest growth, with year-on-year variations of 0.64% in 2022 and 0.62% in 2023. The 5-year CAGR leading up to 2023 was -1.16%, indicating a slight decline. However, the forecasted 5-year growth rate suggests an improvement, with a projected 5-year CAGR of 0.5% by 2028.

Future trends to watch:

  • Stability and gradual recovery in imports, as observed in the forecasted values.
  • Potential impacts of global economic conditions and local purchasing power.
  • Changes in consumer preferences towards more durable or culturally relevant products.

Top Countries about Kitchen Appliance