ECOWAS: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in ECOWAS

In 2022, the ECOWAS personal anti-perspirants market increased by X% to $X, rising for the seventh year in a row after two years of decline. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Personal Anti-Perspirants Production in ECOWAS

In value terms, personal anti-perspirants production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Personal Anti-Perspirants Exports

Exports in ECOWAS

In 2022, shipments abroad of personal deodorants and anti-perspirants increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, personal anti-perspirants exports surged to $X in 2022. Overall, exports enjoyed mild growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Cote d'Ivoire (X tons) was the key exporter of personal deodorants and anti-perspirants, generating X% of total exports. It was distantly followed by Sierra Leone (X tons), mixing up a X% share of total exports. Ghana (X tons) followed a long way behind the leaders.

Exports from Cote d'Ivoire increased at an average annual rate of X% from 2012 to 2022. At the same time, Sierra Leone (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Sierra Leone and Ghana increased by X and X percentage points, respectively.

In value terms, the largest personal anti-perspirants supplying countries in ECOWAS were Cote d'Ivoire ($X), Sierra Leone ($X) and Ghana ($X), with a combined X% share of total exports.

Sierra Leone, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Sierra Leone ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Personal Anti-Perspirants Imports

Imports in ECOWAS

In 2022, purchases abroad of personal deodorants and anti-perspirants increased by X% to X tons, rising for the sixth consecutive year after three years of decline. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, personal anti-perspirants imports expanded to $X in 2022. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Ghana (X tons) and Nigeria (X tons) dominates imports structure, together mixing up X% of total imports. Senegal (X tons) took the next position in the ranking, followed by Gambia (X tons) and Cote d'Ivoire (X tons). All these countries together took near X% share of total imports. The following importers - Guinea (X tons) and Sierra Leone (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sierra Leone (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported personal deodorants and anti-perspirants in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Senegal, with an X% share.

In Ghana, personal anti-perspirants imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Senegal (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

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 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 Senegal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform