The import of glass fibres, glass wool, and articles thereof to Angola is forecasted at 377.21 thousand kilograms in 2024, declining annually thereafter to reach 319.53 thousand kilograms by 2028. Comparing this forecast to the actual import values from 2023, which stood at 391.00 thousand kilograms, there is a noticeable downward trend. The year-on-year variations show a consistent decrease:
- 2024 vs 2023: -3.5%
- 2025 vs 2024: -3.9%
- 2026 vs 2025: -4.0%
- 2027 vs 2026: -4.1%
- 2028 vs 2027: -4.2%
- Overall CAGR (2024-2028): -3.94%
Future Trends to Watch For
Several factors could influence future imports, including the development of local production capabilities, changes in construction industry demands, and variations in global supply chain dynamics. Trade policies and economic conditions will also be key factors to monitor moving forward.