The fuel exports in Angola exhibited a slight decline from 2013 to 2020, with notable year-on-year reductions, such as the -3.79% drop in 2015 and -2.31% decline in 2020. However, a modest recovery began in 2021, with a 1.2% increase, continuing a positive but marginal trend up to 2023. In 2023, the value of exports stood at 95.24 units, reflecting a year-on-year growth of 0.33% and a CAGR of -0.091% over the last five years. Forecasts suggest a steady increase, with a predicted CAGR of 0.16% and a 0.8% growth rate over the next five years, culminating in 96.27 units by 2028.
Future trends to watch for include fluctuations in global oil prices, potential shifts towards renewable energy, and changes in geopolitical dynamics, which could significantly impact Angola's fuel export landscape.