The import of statuettes and ornamental articles of porcelain or china to Niger has shown a significant declining trend from 2017 to 2021. Beginning with a value of 7.78 thousand USD in 2017, the import value decreased progressively to 1.11 thousand USD by 2021. The year-on-year decline accentuated from 2017 to 2021, with a compound annual growth rate (CAGR) suggesting a substantial average annual decrease over this five-year span.
As of 2023, the import value continued to exhibit a downward trend. Moving into 2024, the focus should be on:
- The potential impact of domestic economic conditions in Niger on import activities.
- Global supply chain disruptions that may further affect the availability and cost of imported ornamental goods.
- Shifts in consumer preferences toward alternative decorative items or materials that might affect demand.