Forecast: Import of Footwear, Gaiters and Parts Thereof to Angola

The import of Footwear, Gaiters, and Parts Thereof to Angola has shown significant fluctuations over the years, with actual values peaking in 2014 at $143.12 million. Since then, there has been a noticeable downward trend. As of 2023, imports stood at $83.383 million, reflecting a considerable drop compared to earlier years. The year-on-year percentage variation has generally seen larger declines than increases, notably in 2016 (-36.06%) and slight improvements in years like 2021 (4.08%). The five-year CAGR leading up to 2023 remained relatively flat at 0.11%. Forecast data indicate a continued slight decline through 2028, with a forecasted CAGR of -0.95%.

Future trends to watch for include:

  • Economic and political stability in Angola, which could influence import capacities.
  • Changes in trade policies, tariffs, and agreements affecting import prices and volumes.
  • The impact of global supply chain dynamics and logistics on import efficiencies.
  • Consumer demand and shifts in fashion trends within the Angolan market.

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