Forecast: Import of Copper Plates, Sheets and Strip to Angola

In 2024, the forecasted import value of copper plates, sheets, and strips to Angola is 361.77 thousand US dollars. This forecasted value shows a decline when compared to previous annual values, reflecting a broader downtrend. Year-on-year, the import values are expected to decrease by 9.5% in 2025, decrease further by 10.3% in 2026, and continue to drop by 11.3% in 2027, culminating in a 12.5% decline by 2028. This consistent decline results in a compound annual growth rate (CAGR) of approximately -10% over the forecasted period from 2024 to 2028.

Future trends to watch for include:

- Shifts in global copper prices, impacting the cost-efficiency of imports.
- Developments in Angola's domestic copper production capabilities.
- Macroeconomic policies and trade agreements that may affect import tariffs and regulations.
- Technological advancements in alternatives to copper, potentially reducing demand.
- Changes in local industrial demand and infrastructure projects requiring copper materials.

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