The forecast for the import of statuettes and other ornaments plated with precious metal to Angola shows a slight year-on-year decline from 2024 to 2028, with values starting at 159.13 thousand USD in 2024 and gently decreasing to 155.1 thousand USD by 2028. Compared to the actual figures from 2023, the market demonstrates a consistent downward trend.
The year-on-year percentage variations are minimal, highlighting a steady decline:
- 2024-2025: -0.65%
- 2025-2026: -0.65%
- 2026-2027: -0.63%
- 2027-2028: -0.63%
The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 denotes an average yearly decline of approximately -0.64%.
Future trends to watch for include potential shifts in consumer preferences towards locally produced or different decorative items, economic factors influencing import capabilities, and possible changes in trade regulations affecting the cost and feasibility of these imports.