In 2023, the import value of windows, French-windows, and their frames of wood to Ivory Coast was higher than the forecasted values for 2024-2028, signaling a predicted decline in the market over the next five years. From 2024 to 2028, the imports are projected to decrease gradually from 30.86 to 28.25 thousand US dollars, marking a consistent year-on-year decline.
The compound annual growth rate (CAGR) over this period indicates an average annual decrease. The downward trend suggests that the Ivory Coast market might be experiencing shrinking demand or increased domestic production, reducing reliance on imports.
Future trends to watch for include changes in domestic economy, shifts in construction material preferences, and potential improvements in local manufacturing capability. Economic policy changes or trade agreements affecting material costs or import tariffs could also impact this forecast positively or negatively. These factors may alter the course of the declining trend or stabilize the market demand.
