Key Market Indicators
The export of metal products from Benin is projected to reach approximately $3.1 million by 2028, up from around $2.5 million in 2023. This marks an average annual growth rate of 3.5%. Despite this upward trend, Beninese metal product supply has seen a slight decline of 0.9% per year since 2003. Meanwhile, Beninese metal product imports are expected to climb to nearly $9.8 million by 2028, from about $8 million in 2023. This reflects an average annual growth rate of 3.2%. Over the past two decades, the country's demand for metal products has increased by an average of 2.2% annually.