The import of tableware and kitchenware of wood to Angola has seen a significant decrease from 2013 up to 2023, where it stood at 73.77 thousand kilograms. The year-on-year variations over the past two years show a 10.39% decline in 2023 and a 9.59% decline in 2022. The compound annual growth rate (CAGR) over the last five years was -14.7%, indicating a persistent downwards trend over this period.
Forecasts from 2024 onwards predict further declines, with imports expected to reach just 29.07 thousand kilograms by 2028. The forecasted 5-year CAGR is -14.7% with an overall growth rate of -54.84%. This highlights a continued significant reduction in import volumes.
Future trends to watch for include potential shifts in domestic production capabilities, changes in consumer preferences, the impact of global and local economic conditions, and trade policy adjustments. These factors could influence either a stabilization or further decline in the import volumes of wooden tableware and kitchenware in Angola.
