The import of parts and accessories for office machines to Niger has seen fluctuating trends over the past decade. From 2013 to 2023, the import value grew from 458.86 thousand USD to 866.42 thousand USD, with notable variations in percentage changes year-on-year: substantial growth in some years, with 2014 and 2016 showing increases of 72.77% and 53.24%, respectively, and significant declines in other years, such as a 36.52% drop in 2015. In recent years, from 2021 to 2023, the growth rate has moderated, averaging an annual increase (CAGR) of 2.61% over this period.
Future trends to watch for:
- The forecasted steady growth from 2024 to 2028, with a predicted CAGR of 1.8%.
- The stability in increasing import value, expected to peak at 971.51 thousand USD in 2028.
- Potential economic factors or policy changes impacting trade regulations and supply chain dynamics.