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The 2009 Togo Economic and Product Market Databook

597 Pages Icon Group International, Inc. March 03, 2009 SKU: ICN2158097

In performing various economic analyses for its clients, I have occasionally been asked to investigate the market potential for various products and services in Togo. The purpose of the studies is to understand the density of demand within Togo and the extent to which Togo might be used as a point of distribution within Africa. From an economic perspective, however, Togo does not represent a population within rigid geographical boundaries, rather, it represents an area of dominant influence over markets in adjacent areas. This influence varies from one industry to another, but also from one period of time to another.

In what follows, I summarize the economic potential for Togo over the next five years for hundreds of industries, categories and products. The goal of this report is to report my findings on the real economic potential, or what an economist calls the latent demand, represented by Togo when defined as an area of dominant influence. The reader needs to realize that latent demand may or may not represent real sales. For many items, latent demand is clearly observable in sales, as in the case for food or housing items. Consider, however, the category "satellite launch vehicles". Clearly, there are no launch pads in Togo used by the space industry to launch satellites. However, the core benefit of the vehicles (e.g. telecommunications, etc.) is "consumed" by the area served by Togo. Without Togo, in other words, the market for satellite launch vehicles would be lower for the population in Togo, Africa, or the world in general. One needs to allocate, therefore, a portion of the worldwide economic demand for launch vehicles to both Africa and Togo.

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The 2009 Togo Economic and Product Market Databook

Icon Group International, Inc.
March 03, 2009

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