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 of consumer health will continue to fall during 2022 – albeit at their lowest rate in seven years.
A difficult economic environment will continue to weigh heavily on retail constant value sales of consumer health during 2022. The economic shock of the pandemic was particularly acute in Angola due to its heavy reliance on exports of crude oil.
Self-medication remains strong in Angola in 2022. OTC painkillers are quite popular in Angola, as most consumers have easy access to such products as they are affordable and found across the country.
In 2022, the economy is still recovering from the destruction caused by the pandemic. Unemployment rates continue to be impacted and disposable incomes have not yet fully recovered.
The distribution of consumer health is improving, due in part to recent investments in the country’s road network. This could lead to lower prices, as it is enabling more players to compete in peripheral regions that were once difficult to reach.
Angola has a set of clear and concise laws relating to the supply of OTC medicines. The retail sale of OTC medicines is restricted to licensed commercial entities, which means that chemists/pharmacies is the only retail channel through which these products can be distributed.
Vitamins and dietary supplements are heavily regulated in Angola and the enforcement of the regulation of these products became considerably stricter since the March 2016 appointment of Luis Gomes Sambo as Minister of Health. In 2017, a new tax stamp and labelling regulations for these products were introduced.
Although the economic environment is set to improve during the forecast period, as the economic shock of the pandemic begins to fade, retail constant value sales of consumer health will continue to fall. However, their rate of decline will be lower than in the review period, as inflationary pressure gradually eases.
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Consumer Health
It is the aggregation of OTC, Vitamins and Dietary Supplements (VDS), Sports Nutrition, and Weight Management and Wellbeing
See All of Our DefinitionsThis report originates from Passport, our Consumer Health research and analysis database.
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