Forecast: Import of Clutches and Parts Thereof for Motor Vehicles to Angola

The import of clutches and parts thereof for motor vehicles to Angola has shown significant fluctuations over the past decade. The volume in 2023 stood at 0.53978 million kilograms. Notably, since 2014, there has been a pronounced downward trend. For example, after a peak in 2014, there was a significant annual decrease until 2020, followed by minor fluctuations through 2023. The average annual variation over the last five years (CAGR) was approximately -7.92%, indicating a steady decline.

Year-on-year variations for the last two years also corroborate the declining trend:

- 2022: -4.77%

- 2023: -10.33%

The forecasted data from 2024 onwards portray a continued decline, with an average annual drop of 14.6% expected over the next five years. The volume is projected to drop to 0.21315 million kilograms by 2028, which reflects a total decrease of 54.57% from 2024 levels.

Future trends to watch for include the stability of Angola's economy, with potential growth in the automotive sector and import substitution policies that may affect import volumes. Additionally, developments in global supply chains and shifts toward electric vehicles may impact demand for traditional clutch systems.