The import of polyurethanes to Angola has experienced significant fluctuations from 2013 to 2023. The volume stood at 578.44 thousand kilograms in 2023. Notably, the series showcases considerable volatility with periods of sharp declines and peaks. For instance, a major increase occurred in 2017 (217.64%), followed by a substantial drop in 2018 (-61.38%). The last two years display moderate growth: 6.52% in 2022 and 1.15% in 2023. The five-year CAGR from 2019 to 2023 was 7.73%, indicating a relatively steady positive trend despite previous volatility.
Forecasts from 2024 to 2028 suggest a more stable growth pattern. The volume is expected to increase gradually, with a five-year CAGR of 0.93%. By 2028, the import volume is projected to reach 611.23 thousand kilograms, reflecting a 4.72% growth rate over the forecast period.
Future trends to watch for include:
- Economic stability in Angola which could impact import volumes.
- Global polyurethane market trends affecting supply and prices.
- Local demand driven by industrial and construction sector growth.
