ECOWAS - Table, Kitchen or Household Articles and Parts of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025
Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel
Exports in ECOWAS
In 2021, overseas shipments of table, kitchen or household articles and parts of stainless steel decreased by -17.9% to X units, falling for the second consecutive year after two years of growth. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by 115%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, stainless steel household articles exports reduced sharply to $X in 2021. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 78%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Togo was the key exporting country with an export of around X units, which recorded 43% of total exports. Cote d'Ivoire (X units) held a 27% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (9.1%), Nigeria (6.4%) and Burkina Faso (5.7%). Gambia (X units) and Guinea-Bissau (X units) took a minor share of total exports.
From 2012 to 2021, the biggest increases were in Cote d'Ivoire (with a CAGR of +41.3%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, Cote d'Ivoire ($X), Togo ($X) and Gambia ($X) constituted the countries with the highest levels of exports in 2021, with a combined 66% share of total exports.
Cote d'Ivoire, with a CAGR of +43.1%, recorded the highest growth rate of the value of exports, in terms of 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 unit in 2021, reducing by -9.9% against the previous year. Export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stainless steel household articles export price decreased by -36.5% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by 40%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Gambia ($X per unit), while Guinea-Bissau ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Gambia (+25.8%), while the other leaders experienced more modest paces of growth.
Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel
Imports in ECOWAS
In 2021, supplies from abroad of table, kitchen or household articles and parts of stainless steel increased by 19% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 24%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, stainless steel household articles imports skyrocketed to $X in 2021. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.
Imports by Country
The countries with the highest levels of stainless steel household articles imports in 2021 were Ghana (X units), Senegal (X units), Cote d'Ivoire (X units), Togo (X units), Guinea (X units) and Benin (X units), together finishing at 87% of total import. Burkina Faso (X units) held a little share of total imports.
From 2012 to 2021, the biggest increases were in Togo (with a CAGR of +34.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest stainless steel household articles importing markets in ECOWAS were Ghana ($X), Senegal ($X) and Togo ($X), with a combined 60% share of total imports.
In terms of the main importing countries, Togo, with a CAGR of +46.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in ECOWAS amounted to $X per unit, growing by 6.3% against the previous year. Overall, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the import price increased by 48% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of destination: the country with the highest price was Togo ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea (+11.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for stainless steel household articles in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25991225 - Table, kitchen or household articles and parts thereof of stainless steel (excluding cutlery)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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