In 2024, the import of vapour generating boilers, including hybrid boilers, to Angola is forecasted at 928.88 thousand USD. This marks a significant decrease over the next years, with values reaching 724.48 thousand USD by 2028.
The year-on-year variations show a consistent downward trend:
- 2024 to 2025: -5.67%
- 2025 to 2026: -5.89%
- 2026 to 2027: -6.14%
- 2027 to 2028: -6.41%
In 2023, the actual import value stood at 982 thousand USD. The compounded annual growth rate (CAGR) over the 5-year period (2024-2028) is -5.84%, indicating a consistent average annual decline in imports.
Future trends to watch for include fluctuations in energy policies, economic stability, and potential advancements in local manufacturing capabilities which could impact the import demand for these boilers. Additionally, shifts in global market dynamics and trade agreements may play significant roles in shaping these trends.
