Forecast: Import of Generators and Alternators to Angola

In 2023, the import of generators and alternators to Angola was valued at 1.156 million USD. The forecasted values indicate a steady decline in imports over the next five years. In 2024, the value is expected to be 1.0847 million USD, marking a 6.14% year-on-year decrease. By 2025, the value is predicted to drop further to 1.0159 million USD, a 6.34% decline from the previous year. The downward trend continues with 2026's imports projected at 0.94841 million USD, an approximate 6.65% decrease from 2025. In 2027, the value is expected to be 0.88231 million USD, down 6.96% from 2026, and by 2028, the forecasted value is 0.81753 million USD, representing a 7.34% decrease from 2027. The compound annual growth rate (CAGR) over the 5-year period is -6.43%.

Future trends to watch for include potential economic stabilization efforts within Angola that may affect import demands. Other considerations are advancements in local manufacturing capabilities, policy changes, and global supply chain shifts that could impact the import of generators and alternators.