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