The import of beauty, make-up, and skin care preparations to Angola saw significant fluctuations from 2013 to 2023. Beginning with a decrease in 2013, it spiked in 2014 before plummeting again in 2015. This erratic pattern continued, with notable declines in 2016 and slow recovery but consistent fluctuations through 2023. By 2023, the import value stood at 13.293 million USD.
Over the past two years, the imports showed a slight decline with year-on-year variations of -2.14% in 2022 and -2.15% in 2023, in contrast to the average annual decline (CAGR) of -1.31% over the past five years. The future forecasts project a continuous, albeit modest, decline with a 5-year CAGR of -1.93%, leading to a reduced import value of approximately 11.77 million USD by 2028.
Future trends to watch include economic recovery, shifts in consumer spending power, and changes in import regulations, which could influence the trajectory of beauty and skincare product imports to Angola.