ECOWAS: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in ECOWAS

The ECOWAS market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X in 2022, increasing by 2.7% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in ECOWAS

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 55%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports in ECOWAS

In 2022, the amount of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exported in ECOWAS declined significantly to X tons, which is down by -42.1% against the previous year's figure. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 125%. Over the period under review, the exports of reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) declined notably to $X in 2022. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by 227%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Cote d'Ivoire (X tons) represented the main exporter of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), committing 59% of total exports. It was distantly followed by Ghana (X tons), comprising a 32% share of total exports. The following exporters - Nigeria (X tons), Mali (X tons) and Benin (X tons) - each recorded a 6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Benin (with a CAGR of +28.2%), while the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Cote d'Ivoire ($X) and Mali ($X) constituted the countries with the highest levels of exports in 2022, with a combined 94% share of total exports. Benin and Nigeria lagged somewhat behind, together accounting for a further 3.4%.

Benin, with a CAGR of +36.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 45%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+6.7%), while the other leaders experienced a decline in the export price figures.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports in ECOWAS

In 2022, approx. X tons of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were imported in ECOWAS; growing by 70% on the previous year. Overall, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) surged to $X in 2022. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Senegal represented the main importer of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in ECOWAS, with the volume of imports amounting to X tons, which was approx. 37% of total imports in 2022. Nigeria (X tons) held the second position in the ranking, distantly followed by Cote d'Ivoire (X tons), Benin (X tons), Guinea (X tons) and Burkina Faso (X tons). All these countries together held approx. 48% share of total imports. Niger (X tons) and Cabo Verde (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) importing markets in ECOWAS were Senegal ($X), Nigeria ($X) and Cote d'Ivoire ($X), together comprising 71% of total imports.

Senegal, with a CAGR of +35.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+5.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform