In 2023, the import value of cereal, flour, starch, milk preparations, and products to Angola stood at $258.36 million. The market experienced fluctuations between 2013 and 2023, with notable increases like 25.65% in 2014 and significant declines such as 38.25% in 2015. The recent trend shows a gradual increase, with a year-on-year variation of 1.1% in 2023 and a CAGR of 1.6% over the past five years. The forecasted data from 2024 to 2028 predict a steady growth with a 5-year CAGR of 0.88%, culminating in $273.1 million by 2028.
Future trends to watch for include:
- Stabilized growth in the import values leading to market resilience.
- Potential impact of global supply chain disruptions on the import dynamics.
- Changes in consumer demand driven by economic factors and dietary shifts.
