Key Market Indicators
Ivorian imports of electrical equipment are projected to hit approximately $829 million by 2028, up from about $720 million in 2023. The sector is experiencing an average annual growth rate of 2.2%. This upward trend reflects a consistent increase in demand, which has grown by 2.4% annually since 2000. Conversely, Ivorian exports of electrical equipment are expected to drop significantly. Forecasts indicate that exports will decline to around $3.9 million by 2028, down from roughly $11.5 million in 2023. This represents an average annual decrease of 17%. Historically, the supply has seen a yearly reduction of 5.8% since 2000.
