The import of glass fibres and glass wool to Angola shows a declining trend from 2024 to 2028. Starting at a value of $2.3085 million in 2024, it is expected to fall progressively to $1.2642 million by 2028. In 2023, the import value stood at $2.55 million. Year-on-year values reveal a -13.79% variation from 2023 to 2024, followed by drops of -11.65% in 2025, -12.93% in 2026, -14.54% in 2027, and -16.67% in 2028. Over the five-year period, the compound annual growth rate (CAGR) stands at an average -11.67% per year, indicating a strong overall downward trend.
Future trends to watch for include the possible influence of economic conditions and local production developments that could further impact import levels. Market players should also keep an eye on global price fluctuations for raw materials and advancements in alternative materials, which may affect demand and supply dynamics in this sector.
