Key Market Indicators
Gambian Electrical Equipment Import is projected to hit approximately $17.4 million by 2028, up from $16.9 million in 2023. This marks a modest annual growth rate of 0.5%. However, it should be noted that since 2000, Gambian demand for electrical equipment has declined by an average of 1.9% each year. On the export side, the figures paint a starkly different picture. In 2018, Gambian Electrical Equipment Exports plummeted to just $3,440, a drastic fall from $325,040 in 2017. This represents a staggering 98.9% decrease compared to the previous year. Over the longer term, since 2000, Gambian supply has been on a downward trajectory, shrinking by an average of 66.1% annually.
