The import of sugar confectionery to Angola has shown significant fluctuations over the past decade. In 2013, high import volumes were recorded, but a sharp decline ensued in the following years, bottoming out in 2016. A partial recovery was seen in 2017, but subsequent years exhibited a generally downward trend. By 2023, the import volume stood at 12.897 million kilograms, representing a 6.06% decrease compared to the previous year. The last two years showed variations of -5.82% and -6.06%, highlighting a persistent decline. The average annual decline (CAGR) from 2018 to 2023 was -5.51%. Looking ahead, the forecast up to 2028 indicates a continued decline at an average annual rate of -6.52%, culminating in a 28.63% decrease over the next five years.
Future trends to watch for include shifts in domestic production capabilities, changes in consumer preferences towards healthier alternatives, and economic conditions that may impact import capacities. Keeping an eye on global sugar prices and trade policies will also be essential in understanding future import volumes.
