Angola's import of aircraft under-carriages and parts thereof witnessed fluctuations from 2013 to 2023. The highest import value was recorded in 2014, while significant declines in 2015 and 2016 indicated variability. Notably, the import value rebounded in 2017, showing a marked 147.49% increase. From 2018 onwards, the trend stabilized, with minor fluctuations observed.
In 2023, imports stood at 631.60 thousand USD, signifying a 2.33% year-on-year increase, further exhibiting a 2.37% CAGR over the last five years.
Forecasted data for 2024 to 2028 suggest an average annual growth rate of 1.79%, with total growth reaching 9.25% by 2028, indicating a conservative but steady upward trend.
Future trends to watch for include:
- Economic policies impacting aviation investments
- Stability in global supply chains
- Technological advancements in aircraft components
- Global oil price trends affecting Angola's financial capacity
