Angola's import of cast and rolled glass, sheets, and profiles saw fluctuations over the past decade, peaking at $7.57 million in 2014 before gradually declining. The import value stood at $4.728 million in 2023. The year-on-year variation indicates significant volatility, with notable increases and decreases. The CAGR over the last five years is a marginal growth of 0.27%, whereas the forecasted CAGR for the next five years suggests a slight decline of 0.07%.
Future trends to monitor:
- Potential impacts of domestic production capacity expansion
- Changes in trade policies or tariffs impacting imports
- Economic conditions influencing construction and real estate sectors
- Technological advancements reducing material costs
- Sustainable and eco-friendly glass alternatives gaining market share