The import of cut flowers to Angola peaked in 2014 at a 37.65% year-on-year increase, reaching 2.21 million USD. Thereafter, a decline ensued with significant drops in 2015 and 2018 by -15.98% and -24.5%, respectively. From 2018 onwards, imports hovered around 1.07 to 1.24 million USD, with minor fluctuations.
By 2023, Angola's cut flower imports stood at 1.2328 million USD, showing minimal annual increases of approximately 0.32% in preceding years. The latest five-year CAGR up to 2023 is 2.86%, indicating a slightly positive growth trend after earlier declines.
Future forecasts anticipate a stable yet modest growth in cut flower imports, resulting in a CAGR of 0.26% over the subsequent five years, reaching around 1.25 million USD in 2028. Watch for economic stability and changing consumer preferences which could impact trade dynamics.
