The import of woven carpet of manmade yarn to Angola stands at 48.50 thousand US Dollars in 2023. The forecasted values show a consistent decline over the next five years: 32.26 thousand US Dollars in 2024, 26.41 thousand US Dollars in 2025, 20.68 thousand US Dollars in 2026, 15.06 thousand US Dollars in 2027, and 9.56 thousand US Dollars in 2028. This represents a significant year-on-year reduction, with notable annual decreases of -18.1% from 2024 to 2025, -21.7% from 2025 to 2026, -27.2% from 2026 to 2027, and -36.4% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately -21.4%.
Future trends to watch for include potential changes in Angola's import policies, consumption patterns for manmade woven carpets, and the influence of global economic conditions on Angola’s import capabilities. Additionally, technological advancements that may affect the production and affordability of manmade woven carpets could also impact future import values.
