Forecast: Import of Parts of Refrigerating or Freezing Equipment to Angola

The import of parts of refrigerating or freezing equipment to Angola has experienced significant fluctuations over the last decade. Notable peaks include years like 2015 with a dramatic rise of 429.72%, followed by significant declines such as in 2016 and 2017. Since 2018, imports have been moderately volatile but followed a generally decreasing trend. By 2023, the total import volume stood at 1,377.2 thousand kilograms. The data shows a stable but declining trend with a CAGR of -3.61% forecasted over the next five years, indicating a general reduction in imports moving forward.

- Historical Trend:

  • Prominent spike in 2015
  • Noticeable decrease in 2016 and 2017
  • Moderate fluctuations from 2018 to 2023

- Future Trends to Watch For:

  • Decreasing trend forecasted with a -3.61% CAGR over the next five years
  • Increased focus on domestic manufacturing
  • Shifts in technology and energy efficiency standards

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