In 2023, the import of plastic office and school articles and supplies to Niger stood at 705.37 thousand kilograms. The year-on-year variation indicated a 4.43% increase between 2022 and 2023. Observing the two-year trend, the import volume rose by 15.95% from 2021 to 2023. The average Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was 5.52%.
The data from 2013 to 2023 showcases fluctuations in import volumes, with notable increases in certain years, such as 2016 (47.49%) and 2021 (20.27%), balanced by declines in others, particularly 2020 (-12.46%). The forecast for 2024-2028 suggests an optimistic but moderate growth, with a projected CAGR of 3.16% and a total growth rate of 16.84% over five years.
Future trends to watch for include:
- Potential shifts in global plastic supply due to environmental regulations.
- Developments in local manufacturing capacities that could influence import volumes.
- Economic and educational infrastructure growth influencing demand for office and school supplies.