Forecast: Import of Electric Generating Sets and Rotary Converters to Angola

The forecast for the import of electric generating sets and rotary converters to Angola shows a consistent decline from 64.637 million USD in 2024 to 33.854 million USD in 2028. In 2023, the import value stood at 72.768 million USD. The year-on-year variation suggests a steady decrease over the forecasted period, reflecting a decreasing trend in import values.

- 2024 to 2025: Decrease of approximately 12.3%

- 2025 to 2026: Decrease of approximately 13.7%

- 2026 to 2027: Decrease of approximately 15.6%

- 2027 to 2028: Decrease of approximately 18.2%

The Compound Annual Growth Rate (CAGR) over the last five years (2024-2028) indicates an average annual decrease of around 14.5%.

Future trends to watch for:

- Angola's transition to renewable energy sources could further reduce the need for traditional electric generating sets and rotary converters.

- Political stability and economic diversification efforts in Angola may influence import needs and investment in energy infrastructure.