From 2013 to 2023, the import volume of glass-ceramic ware for table kitchen to Angola experienced significant fluctuations. In 2013, the import volume peaked at 2.1082 million kg but sharply declined by 54.18% in 2014. The most substantial drop occurred between 2014 to 2016, culminating in the lowest volume of 0.10204 million kg in 2016. The recovery period from 2017 to 2021 saw relative stabilization and minor growth with a peak of 0.39488 million kg in 2018, declining again thereafter. By 2023, the volume stood at 0.24001 million kg, an 8.53% decrease from the previous year.
For the forecast period from 2024 to 2028, the projected CAGR of -10.59% suggests a steady decline, with the import volume expected to reduce by 42.86%, decreasing from 0.21543 million kg in 2024 to 0.12309 million kg in 2028.
Key future trends to watch for:
- Potential shifts in consumer preferences that could either stabilize or further depress import volumes.
- Changes in Angola's domestic production capabilities and local market conditions influencing import demands.
- Economic factors and trade policies that could impact import volumes either positively or negatively.