Forecast: Import of Mixes and Doughs For Bread, Pastry, Biscuits to Angola

The import values for mixes and doughs for bread, pastry, and biscuits in Angola demonstrate a fluctuating pattern from 2013 to 2023, with noticeable peaks and troughs. The market experienced significant variations, such as a substantial increase of 78.37% in 2017 and a sharp decline of 38.76% in 2016. The 2023 value stands at 4.6446 Million US Dollars, reflecting a moderate year-on-year increase of 2.24% from the previous year.

Analyzing the last two years, there's been a steady growth with a year-on-year increase of 2.34% in 2022 and 2.24% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years is 3.06%, highlighting a gradual upward trend.

Looking ahead, the forecast indicates that the import value will continue to rise, reaching 5.1761 Million US Dollars by 2028. The anticipated average annual growth rate for the next five years (CAGR) is 1.71%, with a total forecasted growth of 8.83% over this period.

Future trends to watch include potential shifts in consumer preferences towards locally produced goods, the impact of global economic conditions on import capabilities, and any government policy changes affecting trade tariffs and import regulations. An emphasis on sustainability and organic products might also influence the demand for imported mixes and doughs.