Key Market Indicators
Pasta imports and exports in Namibia are expected to increase in the next five years. Imports are predicted to reach nearly $3.1 million by 2026, up from $2.7 million in 2021. This is a compound annual growth rate of 2.1%. Since 2005, demand has grown 13.3% year-on-year. In 2021, Namibia was ranked 113th, with Ivory Coast ahead at $2.7 million. Germany, France and the UK were ranked 2nd, 3rd and 4th respectively. Exports of pasta from Namibia are forecast to reach $17.2 million by 2026, up from $13.9 million in 2021. This is a compound annual growth rate of 3.6%. Since 2005, supply has increased yearly by 4.7%. In 2021, Namibia was ranked 54th, with Denmark ahead at $13.9 million. China, South Korea and Thailand were ranked 2nd, 3rd and 4th respectively.