From 2013 to 2023, the import value of Footwear With Uppers of Leather to Angola displayed significant fluctuations. The value peaked in 2014 and experienced a notable decline from 2015 to 2016. After a slight recovery and another drop between 2017 and 2020, values stabilized around 21 million USD in the years leading up to 2023, standing at 21.177 million USD that year.
- Year-on-year variation for the last two years: 2022 showed a very slight decline at -0.24%, mirrored by a similar -0.24% for 2023.
- The CAGR over the last 5 years (2018-2023) is at 1%, indicating a very modest average annual growth.
Forecasts predict a slight continual decline through 2028, with an anticipated CAGR of -0.2%.
Future trends to watch for include potential market saturation, changing economic conditions in Angola, and shifts in consumer preferences. Factors such as currency fluctuations, trade policies, and the global leather market could also impact future import values.
