Forecast: Import of Fresh Grapes to Angola

In 2023, the import of fresh grapes to Angola stood at 1.4454 million US dollars. Over the years, there has been a noticeable decline in the import value of fresh grapes. Starting from a high of 6.5269 million US dollars in 2014, the value dropped significantly in subsequent years. The year-on-year variations show consistent reductions with the majority of years exhibiting negative growth, especially notable between 2015 and 2016 with a decline of -54.99% and -39.24% respectively. Over the last two years, the imports decreased by -5.4% in 2022 and -5.6% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is -5.14%.

Looking forward to the forecasted period up to 2028, the import of fresh grapes to Angola is expected to continue its downward trend, with a forecasted 5-year CAGR of -5.89%. This would result in an overall shrinkage in the import value by –26.17%.

Future trends to watch for include economic conditions in Angola that could influence import capabilities, changes in local consumer preferences, and potential local agricultural developments that might affect the supply of fresh grapes from domestic sources. Additionally, monitoring global grape supply and pricing dynamics could provide insights into any possible shifts in import trends.

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