The import value of opacifying preparations, X-ray, and diagnostic reagents to Angola stood at $0.755 million in 2023. Over the past two years, there has been a noticeable decline in imports, with a year-on-year reduction of 2.44% in 2023 and 7.08% in 2022. The five-year CAGR from 2019 to 2023 stands at 4.49%, which demonstrates an overall upward trend over a longer period.
Key annual variations highlight significant fluctuations in import values between 2013 and 2023. Notable peaks and troughs include a 33.96% rise in 2016 and a 59.94% drop in 2018. However, from 2020 onwards, the imports have shown a consistent declining pattern.
Future trends to watch for:
- Continued forecasted decline in imports, with a forecast 5-year CAGR of -2.03% from 2024 to 2028.
- Potential shifts in local and global economic conditions that could impact import demands.
- Technological advancements in diagnostic reagents which may influence import volumes.