Forecast: Import of Nitrogenous Mineral or Chemical Fertilizers to Angola

The import of nitrogenous mineral or chemical fertilizers to Angola is forecasted to increase steadily from 2024 to 2028. In 2023, the value of imports stood at 42.25 million USD. For the years ahead, the values are expected to rise as follows: 43.572 million USD in 2024, 44.91 million USD in 2025, 46.222 million USD in 2026, 47.507 million USD in 2027, and 48.767 million USD in 2028. This projected growth represents a year-on-year increase of approximately 3.08% in 2025, 2.92% in 2026, 2.78% in 2027, and 2.65% in 2028. The compounded annual growth rate (CAGR) from 2023 to 2028 is around 3.59%.

Future trends to watch for include changes in agricultural policies, the adoption of new farming techniques, fluctuations in global fertilizer prices, and improvements in Angola's import infrastructure. These factors could significantly impact the actual import volumes and values, either positively or negatively.