Based on the data, the import value of thermostats to Angola was $646.75 thousand in 2023. The forecasted values for the upcoming years show a gradual decline, with imports projected to be $628.16 thousand in 2024, $610.0 thousand in 2025, $592.2 thousand in 2026, $574.75 thousand in 2027, and $557.66 thousand in 2028.
Year-on-year, the import value is expected to decrease by approximately 2.8% from 2023 to 2024, 2.9% from 2024 to 2025, 2.9% from 2025 to 2026, 2.9% from 2026 to 2027, and 2.9% from 2027 to 2028.
The compound annual growth rate (CAGR) from 2023 to 2028 is around -2.9%, indicating a consistent downward trend.
Future trends to watch for include possible economic shifts in Angola, advancements in thermostat technology, and changes in import regulations or tariffs that could impact the forecasted decline in imports.
