The import volume of sawdust and wood waste and scrap to Angola has shown considerable volatility over the past decade. From around 15.47 thousand kilograms in 2013, it reached 96.74 thousand kilograms by 2023, with significant peaks and troughs in between. Notably, there were staggering increases in certain years such as 2015 and 2016, juxtaposed with sharp declines in 2017 and 2020.
Year-on-year variation over the last two years up to 2023 showed a moderate growth of approximately 2%, indicating a stabilization following previous fluctuations. The most recent five-year CAGR from 2018 to 2023 stands at a modest 2.24%, reflecting slower but more steady growth compared to earlier periods.
Looking forward, forecasts predict a CAGR of 1.58% from 2024 to 2028. Such projections suggest a continued, albeit slow, upward trend in imports, taking the predicted volume to 106.93 thousand kilograms by 2028. This is indicative of a stable demand that might grow at a consistent pace.
Future trends to watch for:
- Impact of global wood waste and sawdust market dynamics on Angola's import needs.
- Potential influence of domestic policy changes on import volumes.
- Technological advancements in waste recycling and their effect on import dependency.