Key Market Indicators
Namibia's metal products import is projected to decline to $27 million by 2028, down from $28 million in 2023. This represents an average annual decrease of 0.5%. Since 2005, the nation's demand for metal products has seen a slight yearly reduction of 0.1%. In contrast, Namibia's metal products export showed an increase. In 2018, exports totaled nearly $3 million, up 4% from approximately $2.8 million in 2017. However, since 2005, the country's metal products supply has experienced a significant annual decline of 17.3%.