Forecast: Import of Radiators for Motor Vehicles to Angola

Based on the provided data, the import value of radiators for motor vehicles to Angola is forecasted to decrease gradually from $3.4003 million in 2024 to $3.0512 million in 2028. This represents a steady decline year by year. The 2023 figures are not provided, but the trends indicate a consistent downward trajectory.

Year-on-year percentage variation shows a negative trend, indicative of a shrinking market for this segment:

• 2025: -2.64%
• 2026: -2.66%
• 2027: -2.68%
• 2028: -2.70%

Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is -2.67%, suggesting a consistent yearly decline.

Future trends to watch for include shifts in Angola's automotive market, changes in import regulations, and the introduction of alternative cooling technologies that may impact demand for traditional motor vehicle radiators.