Forecast: Import of Sweet Biscuits, Waffles and Wafers to Angola

In 2023, the import value of sweet biscuits, waffles, and wafers to Angola stood at 33.662 million USD. The year-on-year variation for 2023 was -4.12%, reflecting a continued downward trend from the previous year, which also saw a decrease of -4.03%. The last five years showed a compound annual growth rate (CAGR) of -3.85%. Over the longer term, the import value has seen a significant decline from a peak of 121.99 million USD in 2014 to the current levels.

Future trends to watch for:

  • Continued downwards trend in imports, with a forecasted CAGR of -4.03% over the next five years.
  • Impact of possible shifts in consumer preference towards healthier options and potential local manufacturing growth.
  • Economic policies and trade agreements that might influence import dynamics.

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