In 2023, the import value of lamps and lighting fittings to Angola stood at 20.978 million US dollars. The forecasted data for the upcoming years indicates a declining trend, with the value expected to drop to 19.501 million US dollars in 2024, further decreasing to 18.015 million US dollars in 2025, then to 16.56 million US dollars in 2026, to 15.133 million US dollars in 2027, and finally reaching 13.735 million US dollars in 2028.
The year-on-year variations reveal the following trends:
- 2024 to 2025: A decrease of approximately 7.64%
- 2025 to 2026: A decrease of around 8.08%
- 2026 to 2027: A decrease of about 8.62%
- 2027 to 2028: A decrease of approximately 9.25%
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) shows an average annual decline of approximately 7.98% in the import value of lamps and lighting fittings to Angola.
Future trends to watch for include potential improvements in local manufacturing capabilities, increased focus on energy-efficient lighting solutions, and wider adoption of LED technology, which could impact import volumes. Additionally, government policies on import tariffs and economic conditions could further influence these trends.
