The import of ophthalmic instruments and appliances to Angola has shown fluctuating trends over the years. In 2023, the value stood at $2.1182 million. Observing the year-on-year variation, there was a slight increase of 2.51% compared to 2022. Over the last two years, the import value grew steadily by 2.63% in 2022 and 2.51% in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was a positive 1.72%, indicating moderate growth despite some fluctuations in the earlier years.
- 2013: -15.6% Year-on-Year, 29.7% CAGR
- 2014: 33.05% Year-on-Year, 54.72% CAGR
- 2015: -19.97% Year-on-Year, 22.04% CAGR
- 2016: 2.57% Year-on-Year, 17.74% CAGR
- 2017: 86.42% Year-on-Year, 11.44% CAGR
- 2018: -54.79% Year-on-Year, -1.65% CAGR
- 2019: 35.46% Year-on-Year, -1.29% CAGR
- 2020: 2.89% Year-on-Year, 3.8% CAGR
- 2021: 2.75% Year-on-Year, 3.83% CAGR
- 2022: 2.63% Year-on-Year, -7.85% CAGR
- 2023: 2.51% Year-on-Year, 8.54% CAGR
- 2028 (Forecast): 1.72% 5-year CAGR, 8.9% 5-year growth rate
Looking ahead, the forecasted CAGR for the next five years until 2028 is projected at 1.72%, with an overall growth rate of 8.9%. Key trends to watch include technological advancements in ophthalmic equipment, potential economic shifts in Angola, and changes in health care policies that may impact import demand.