The import of sports footwear with uppers of leather to Angola has experienced significant fluctuations from 2013 to 2023. Starting with a notable increase in 2014, the volume varied dramatically, with sharp declines in 2015 and 2018, and significant growth in 2017 and 2019. The year-on-year variation in 2022 and 2023 was minimal, recording slight decreases of -0.32% and -0.31%, respectively. The import stood at 804.29 thousand kilograms in 2023. Over the last five years, an increasing pattern was observed, with a positive average annual growth rate (CAGR) of 18.78% up to 2023.
However, future forecasts from 2024 to 2028 indicate a steady decline with a forecasted negative CAGR of -0.26% over the next five years. The forecast suggests a gradual decrease in the import volumes towards the late 2020s.
Future trends to watch for include changes in local manufacturing capabilities, shifts in consumer preferences, economic stability, and import policies. Monitoring these factors can provide further insights into the potential shifts in the import volume of sports footwear with uppers of leather in Angola.
