The analysis of the import of maize flour to Angola shows a fluctuating trend from 2013 to 2023, with values peaking and troughing significantly over the years. As of 2023, the import volume stood at 190.56 million kilograms, a decline from the previous year. Notably, the import volume has been decreasing steadily from 2020. The year-on-year variation illustrates considerable volatility, for instance, a substantial increase in 2017 (135.38%) was followed by a sharp decrease in subsequent years. The compound annual growth rate (CAGR) over the last five years reveals a downward trend at -0.78%. Forecasts from 2024 to 2028 predict a further decline, with a forecasted five-year CAGR of -5.03%, suggesting a continued reduction in import volumes to 138.82 million kilograms by 2028.
Future trends to watch for:
- Impact of domestic maize flour production capacity enhancements.
- Government policies and trade regulations affecting import volumes.
- Shifts in consumer demand and economic conditions influencing import needs.
