Based on the provided data for the import of muzzle-loading firearms to Angola, the forecast values from 2024 to 2028 show a consistent downward trend. Starting from a value of 39.33 in 2024, the imports are projected to decrease to 34.59 by 2028. When expressing the dataset in value terms, it stood at 40.5 in 2023.
The year-on-year variation percentages indicate a steady decrease:
• 2025: -3.13%
• 2026: -3.12%
• 2027: -3.17%
• 2028: -3.22%
Over the last two years, the imports show an average annual decline of approximately 3.16%. The Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 stands at around -3.16%.
Future trends to watch for include potential changes in local firearm regulations, shifts in regional security dynamics, and global trends affecting the production and export of muzzle-loading firearms. Additionally, economic conditions and foreign trade policies in Angola will likely impact import volumes in the coming years.
