Key Market Indicators
Ivorian imports of clothing accessories are projected to decline significantly over the next five years. According to recent data, imports are expected to drop from approximately $9,800 in 2023 to around $7,800 by 2028. This represents a compound annual growth rate (CAGR) decrease of 3.6%. Historically, the demand for clothing accessories in Ivory Coast has been on a downward trend, with an annual decline of 8% since the year 2000. Meanwhile, Ivorian exports of clothing accessories are also anticipated to see a reduction. By 2028, exports are projected to fall to about $5,500 from $6,200 in 2023, marking an average annual decrease of 2.1%. Since 2014, the country's supply of these products has similarly experienced a yearly decline, albeit at a slower rate of 2.3%.