The import of statuettes and ornamental articles of porcelain or china to Malawi has experienced a steady decline from 2018 through 2022. The quantity imported dropped significantly from 1.47 thousand kilograms in 2018 to just 0.09 thousand kilograms in 2022. This represents a steep year-on-year decrease, with notable reductions especially from 2021 to 2022. The compounded annual growth rate over these five years indicates a negative trend, averaging a decrease each year.
Future trends to watch for:
- Potential recovery in demand as economic conditions improve.
- Influence of Malawi's trade policies on imports.
- Impact of global supply chain dynamics post-pandemic.