Forecast: Import of Toys, Games and Sports Requisites to Angola

In 2023, the import value of toys, games, and sports requisites to Angola stood at 19.608 million USD, reflecting a continuation of the downward trend observed over recent years. From 2013 to 2017, imports saw significant fluctuations, with the most notable drop occurring in 2015 (-41.56%). The overall trend from 2018 to 2023 indicates a consistent decline, with the year-on-year changes for 2022 and 2023 being -4.69% and -4.82% respectively. The compound annual growth rate (CAGR) over the last five years (2018-2023) was -4.51%, suggesting a steady decrease in the import value.

Looking ahead, the forecasted data from 2024 to 2028 projects a continued decline, with a forecasted CAGR of -4.88%. This equates to an overall growth rate of -22.13% over the five-year forecast period. Future trends to watch include potential shifts in consumer preferences, economic conditions in Angola, and changes in global supply chains which may influence import values positively or negatively.