Forecast: Import of Ornamental Glass Beads, Pearls, Stones, Worked Items to Angola

As of 2023, Angola's import of ornamental glass beads, pearls, stones, and worked items stood at 5.17 thousand kilograms. Over the subsequent forecasted years, the import shows a declining trend: 4.67 in 2024, 4.17 in 2025, 3.68 in 2026, 3.2 in 2027, and 2.72 in 2028. The year-on-year percentage decline from 2023 to 2024 is approximately 9.66%, 2024 to 2025 is 10.71%, 2025 to 2026 is 11.75%, 2026 to 2027 is 13.04%, and 2027 to 2028 is 15%. The Compound Annual Growth Rate (CAGR) over the five years from 2023 to 2028 is -11.19%.

Future trends to watch for:

  • Market fluctuations and economic factors affecting Angola's purchasing power for non-essential goods.
  • Potential growth in local production of ornamental items, reducing the dependency on imports.
  • Shifts in global supply chains which could alter import volumes and patterns.
  • Changes in consumer preferences towards different types of ornaments or adornments.

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