Key Market Indicators
By 2028, Namibia’s bread imports are projected to hit approximately $31 million, up from around $28 million in 2023. This marks an annual growth rate of 1.9%. Since 2005, the country's demand for imported bread has been increasing steadily at a rate of 2.3% per year. In contrast, Namibia’s bread exports are expected to decline. By 2028, exports are forecasted to drop to roughly $2 million from about $2.5 million in 2023, reflecting an annual decrease of 3.8%. Since 2005, the nation's bread supply for export has been on a downward trend, falling by 3.5% each year.
