Key Market Indicators
Benin's juice import market is projected to experience a significant decline over the next five years. By 2028, the value of imported juice is expected to drop to approximately $368,000, down from around $640,000 in 2023. This marks an average annual decrease of 8.8%. Historical data since 2003 shows a modest decrease in demand, with an annual decline of 0.3%. Conversely, Benin's juice export market is on an upward trajectory. By 2028, juice exports are forecasted to reach roughly $3.3 million, up from $2.7 million in 2023. This represents a compound annual growth rate (CAGR) of 3.5%. Since 2003, the country's juice supply has seen a robust annual increase of 7.3%.
