Forecast: Import of Electric Motors and Generators to Angola

In 2023, the import value of Electric Motors and Generators to Angola stood at an undisclosed amount as this data is not provided. Forecasts for the future suggest a declining trend. The import value is estimated to be $9.5472 million in 2024, dropping further to $7.447 million in 2025, $5.3887 million in 2026, $3.3717 million in 2027, and reaching $1.395 million by 2028.

Year-on-year variations reflect this downturn with significant percentage decreases each year. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) indicates an average annual decline.

Future trends to watch for include potential shifts in Angola's energy sector policies, technological advancements in electric motors and generators, and global economic conditions that could impact Angola's import capabilities and needs. Close monitoring of regional industrial developments and infrastructure projects will also be critical.