Key Market Indicators
Gambian bread exports are projected to decline significantly over the next five years. By 2028, exports are expected to fall to approximately $99,000, down from $227,000 in 2023. This represents an average annual decrease of 13.1%. Despite this downturn, it's notable that since 2000, Gambian bread supply had surged by an impressive 141% annually. In contrast, Gambian bread imports are on an upward trajectory. Imports are forecasted to rise to nearly $885,000 by 2028, up from $816,000 in 2023. This marks a compound annual growth rate (CAGR) of 1.3%. Since 2000, the demand for imported bread in Gambia has seen a modest annual increase of 0.6%. These contrasting trends highlight the dynamic nature of Gambia's bread market, reflecting shifts in both domestic production capabilities and consumer preferences.
