The depreciation of the local currency made imports more expensive at the end of the review period. This had a significant impact on the supply of and demand for imported products, in a country where the majority of medication is imported.
A difficult economic environment continued to weigh heavily on retail value (constant 2023 prices) sales of consumer health in 2023. The economic shock of the Coronavirus (COVID-19) pandemic was particularly acute in Angola, due to its heavy reliance on exports of crude oil.
Access to private health care remained expensive in Angola in 2023, and the public health system was overburdened, with a shortfall in doctors. This encouraged Angolans to self-medicate, and they relied heavily on pharmacists and their family and social circles to advise them on what products to buy.
The COVID-19 pandemic exacerbated an already difficult economic situation, leading to a deep recession and a spike in the rate of inflation. This led many local consumers to reduce their discretionary spending.
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, by 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 pharmacies is the only retail channel through which these products can be distributed.
Vitamins and dietary supplements are heavily regulated in Angola. The enforcement of the regulation of these products became considerably stricter in the wake of the March 2016 appointment of Luis Gomes Sambo as Minister of Health.
The economic situation is set to improve, as the rate of inflation stabilises. However, the rate of inflation is expected to remain strong.
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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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