Forecast: Chemicals Manufacturing Value Added in Niger

The chemicals manufacturing value added in Niger has experienced considerable volatility from 2013 to 2023. Actual data shows a fluctuating trend with significant dips in 2016 and 2017, followed by a sharp rebound in 2018. The value stood at 107.45 units in 2023. Year-on-year variations highlight these trends, including a 32.42% increase in 2018 and only a 1.03% rise in 2023. The average annual variation over the last five years stands at 0.74%, pointing to a modest growth trajectory.

Future trends to watch for:

  • Continued moderate growth with a forecasted average increase of approximately 0.74% per year.
  • The potential influence of global economic shifts on Niger’s chemicals manufacturing sector.
  • Technological advancements and investment in sustainability practices which may drive higher value added in the sector.

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