The import of statuettes and ornamental articles of porcelain or china to Ethiopia is forecasted to increase steadily from 2024 to 2028. Starting from 142.73 thousand USD in 2024, it is projected to reach 165.69 thousand USD by 2028. This indicates a consistent year-on-year growth of approximately 3.9% on average over this period.
Key Points:
- 2024 to 2025 growth is projected at 4.15%.
- 2025 to 2026 growth is projected at 3.90%.
- 2026 to 2027 growth is projected at 3.67%.
- 2027 to 2028 growth is projected at 3.47%.
- Compound Annual Growth Rate (CAGR) for 2024-2028 is approximately 3.8%.
Future trends to watch for include potential fluctuations in import tariffs and changes in consumer preference toward domestic artisanal products, which could impact these projections. Monitoring political and economic stability in Ethiopia will also be crucial, as these factors can significantly influence import dynamics.
