In 2023, the import of domestic appliances incorporating electric motors to Angola stood at 4.436 million USD. From 2024 to 2028, the forecasted data shows a declining trend with values starting at 4.346 million USD in 2024 and decreasing each subsequent year to 3.9849 million USD by 2028. This represents a year-on-year percentage decrease of 2.1% from 2023 to 2024, and a continued decline each year thereafter.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 suggests an average yearly decrease of approximately 2.18%. During the last two years, from 2026 to 2028, a consistent downward trend is observed.
Future trends to watch for include the potential impact of economic conditions in Angola, fluctuations in currency exchange rates, and changes in consumer demand and technological advancements. Monitoring regional trade policies and tariffs will also be critical in understanding long-term market dynamics.
