Key Market Indicators
Burkina Faso's import of DC motors is projected to climb significantly over the next five years. The value is expected to reach approximately $1.17 million by 2028, up from around $993,000 in 2023. This marks an average annual growth rate of 2.5%. Since the year 2000, the country's demand for DC motors has been increasing at a steady rate of 0.5% annually. In contrast, Burkina Faso's export of DC motors has witnessed a sharp decline. In 2015, the total export value stood at $336, a significant drop from $720 in 2014. This represents a year-on-year decrease of 53.3%. The downward trend is not new; since 2002, the country's supply of DC motors for export has been falling at an average annual rate of 33.1%.
