In 2023, the import value of bakery and pasta making machinery to Angola stood at 70.250 million USD. Forecasted data for the period 2024 to 2028 shows a consistent upward trend. The value is expected to increase to 73.472 million USD in 2024, 77.74 million USD in 2025, 81.922 million USD in 2026, 86.021 million USD in 2027, and 90.038 million USD in 2028.
The year-on-year variations are highlighted as follows:
- 2024: 4.58%
- 2025: 5.82%
- 2026: 5.38%
- 2027: 5.01%
- 2028: 4.67%
The compound annual growth rate (CAGR) over the five-year period is projected at approximately 4.89%, indicating steady growth in the import of bakery and pasta making machinery to Angola.
Future trends to watch for include technological advancements in machinery driving higher efficiency, increasing demand due to growing urbanization, and potential impacts of economic policies and trade agreements affecting import rates.
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