The import of starter motors to Angola in 2023 stood at 220.87 thousand kilograms. The forecast data for subsequent years indicate a steady decline in import volumes: 210.95 thousand kilograms in 2024, 201.89 thousand kilograms in 2025, 193.02 thousand kilograms in 2026, 184.33 thousand kilograms in 2027, and 175.8 thousand kilograms in 2028. The year-on-year variation from 2024 onwards shows a consistent annual decrease of approximately -4.8% in 2025, -4.4% in 2026, -4.5% in 2027, and -4.6% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period reflects an average annual decline of around -4.63%.
Future trends to watch include potential changes in Angola’s economic policies, shifts in global supply chains, technological advancements in starter motors, and the impacts of fluctuating commodity prices. These factors could influence import dynamics significantly.