In 2023, Angola's import of razors and razor blades stood at approximately 4.706 million USD. Forecasted data for 2024 shows a modest increase to 4.7623 million USD, representing a year-on-year increase of 1.2%. This upward trend continues with the following years showing similar growth rates: 4.8207 million USD in 2025 (1.23% increase), 4.878 million USD in 2026 (1.19% increase), 4.9341 million USD in 2027 (1.15% increase), and 4.9891 million USD in 2028 (1.12% increase). Over the last five years, the compound annual growth rate (CAGR) for import values stands at approximately 1.18%.
Future trends to watch for:
- Potential impacts of economic policies and trade agreements on import dynamics
- Shifts in consumer preferences towards alternative grooming products
- Technological advancements in shaving products potentially altering market demands