Key Market Indicators
Togo's metal products import market is anticipated to drop to approximately $1.2 million by 2028, down from around $1.6 million in 2023. This represents a yearly compound annual growth rate (CAGR) decline of 3.9%. Historical data reveals that since 1999, the country's demand for metal products has consistently decreased by an average of 3.8% per year. In contrast, Togo's metal products export market saw a significant surge in 2017. Exports reached roughly $86,000, up from about $52,000 in 2016, marking a substantial 67.1% increase year-on-year. However, long-term trends indicate that since 1999, the nation's supply of metal products has fallen by an average of 28.5% annually.
