Forecast: Import of Digital Monolithic Integrated Circuits to Angola

The import of digital monolithic integrated circuits to Angola has exhibited significant fluctuations over the past decade. The highest value was recorded in 2013 at $23.009 million, followed by a dramatic decrease in 2014. Despite some rebounds, the overall trend has shown variability, stabilizing somewhat in the last few years. As of 2023, the import value stood at $15.799 million.

The year-on-year variation highlights significant volatility:

  • 2013: +15.73%
  • 2014: -71.34%
  • 2015: +104.33%
  • 2016: -29.82%
  • 2017: +60.7%
  • 2018: -5.96%
  • 2019: +1.92%
  • 2020: -15.19%
  • 2021: +23%
  • 2022: +2.01%
  • 2023: +1.93%

The CAGR over the past years has shown mixed results:

  • 2013: +27.08%
  • 2014: -3.86%
  • 2015: +8.26%
  • 2016: -8.99%
  • 2017: -5.23%
  • 2018: -9.09%
  • 2019: +17.17%
  • 2020: -1.72%
  • 2021: +9.95%
  • 2022: +0.4%
  • 2023: +2.03%

Future projections suggest a steady, albeit moderate, increase with a 5-year forecasted CAGR of 1.49% and an overall growth rate of 7.65% by 2028. Key trends to watch for include technological advancements, economic stability, and trade policies impacting Angola's import market.

Top Countries about Chip Shortage