Angola

Retail constant value sales (2021 prices) of hot drinks declined for the second year in a row in Angola during 2021, albeit at a much more modest pace than in 2020. The economic shock of the pandemic has led a significant number of local consumers to…

In spite of the economic shock of the pandemic, off-trade volume sales of soft drinks continued to expand during 2021, albeit at a much slower pace than earlier in the forecast period. Bottled water dominates soft drinks demand due to the fact that…

Tobacco use remains somewhat limited in Angola, with cigarettes remaining the most popular category in 2021. Moreover, despite more stringent tobacco control legislation, attitudes towards tobacco remain relatively favourable, while cigarettes are…

In 2022, the COVID-19 pandemic is no longer a strong factor in the performance of staples foods, with the category now being impacted by global inflation. However, as Angola is a country that benefits from exports, the country is benefiting from…

Daily life has normalised in Angola in 2022, following the outbreak of COVID-19 in 2020. However, the economic shock of the pandemic continues to resonate, and this, combined with strong inflationary pressure, means that retail constant value sales…

Sales of alcoholic drinks increased in 2021 as the on-trade recovered robustly from sales declines seen at the peak of the COVID-19 pandemic in 2020. Rising local production played a huge role by making products more affordable and more consistently…

Consumer shopping habits still favour traditional and informal retailing in Angola. Retailing was hit hard by the COVID-19 pandemic, with the economy suffering. However, with a recovering economy expected in the forecast period and the government…

Demand for more basic home care products remains strong in Angola despite high inflation and the impact of the COVID-19 pandemic during 2020 and 2021. Moreover, demand for more sophisticated products continues to rise as the consumer base for…

Solid sales growth in snacks during 2022 was due in large part to the improving economic situation in Angola as the buoyant global oil price and rising exchange value of the kwanza against benchmark global currencies made many products more…

Tissue and hygiene is set to record value growth again in 2021, although retail hygiene will record lower growth rates over the review period, given the pressures on disposable incomes during the COVID-19 outbreak, with some consumers reverting to…

Although Angola is ‘mostly unfree’ for economic freedom and public debt is rising, some improvement has been seen in the fight against corruption. The economy is highly dependent on oil and suffers from elevated inflation, but privatisation and…

The advent of the COVID-19 pandemic piled further pressure on sales of dairy and alternatives in Angola during 2020 and 2021, however, the situation is now improving in 2022. With the pandemic coming to a gradual end, the industry now faces other…

In 2022, the COVID-19 pandemic is no longer a strong factor in the performance of cooking ingredients and meals, with the category now being impacted by global inflation. However, as Angola is a country that exports a lot of oil, the country is…

Current value growth for beauty and personal care slowed during the COVID-19 pandemic as income losses and a rise in inflation led consumers to prioritise cheaper and more essential products. However, consumers’ growing attention to personal hygiene…

The commodities country overview provides comprehensive data on production, consumption and price trends in key commodities markets. The commodities overview in Angola covers production and consumption trends in agricultural commodities, energy…

The number of households is set to increase rapidly in Angola over 2021-2040, with couples with children remaining the dominant household type. Household earnings will only gradually reach pre-pandemic levels, with the fastest household expenditure…

Consumer income is set to increase over 2021-2040, driven by both a rebounding oil sector and the country’s economic diversification efforts. Special Economic Zones are expected to attract investment, while high-value consumption opportunities…

Luanda and Lubango are Angola’s most economically vibrant cities. The cities’ economic strength is partially supported by higher consumer expenditure and more extensive digitalisation compared to other Angolan cities. Moreover, Luanda holds the…

Widespread corruption and low government integrity continue to hamper Angola in the Economic Freedom Ranking. While market capitalisation is expanding in Angola, heavy constraints on the flow of investment capital hinder the investment environment.…

After five years of economic slowdown, Angola recorded a positive GDP increase, thanks to elevated oil prices, economic stabilisation efforts and international support. Over the medium term, inflation is set to cool down due to stricter monetary…