Key Market Indicators
Senegal's export of metal products is projected to decline to approximately $1.9 million by 2028, down from around $2.4 million in 2023. This represents a year-on-year compound annual growth rate (CAGR) decrease of 3.5%. The country's supply of metal products has been on a downward trend since 2001, with an average annual decrease of 14.7%. On the other hand, Senegal's import of metal products is forecasted to increase slightly, reaching about $12.9 million by 2028, up from nearly $12.7 million in 2023. This marks a modest year-on-year average growth rate of 0.2%. Since 2001, the nation's demand for imported metal products has risen consistently, with an average annual increase of 1.6%.
