Ghana: Market for Non-Woven, Felt and Coated Textile Garments 2024

Market Size for Non-Woven, Felt and Coated Textile Garments in Ghana

The Ghanian market for non-woven, felt and coated textile garments surged to $X in 2021, rising by 102% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a significant expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports from Ghana

In 2021, the amount of non-woven, felt and coated textile garments exported from Ghana skyrocketed to X units, jumping by 167% against the previous year. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 1,061%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of non-woven, felt and coated textile garments plummeted to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 691% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for exports of non-woven, felt and coated textile garments from Ghana, with a 86% share of total exports. Moreover, exports of non-woven, felt and coated textile garments to Burkina Faso exceeded the volume sent to the second major destination, Cameroon (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to Burkina Faso totaled +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (+62.3% per year) and the UK (+44.2% per year).

In value terms, Burkina Faso ($X) emerged as the key foreign market for non-woven, felt and coated textile garments exports from Ghana, comprising 33% of total exports. The second position in the ranking was taken by the UK ($X), with a 7.7% share of total exports. It was followed by Nigeria, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Burkina Faso stood at +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+49.5% per year) and Nigeria (+24.8% per year).

Export Prices by Country

In 2021, the average export price for non-woven, felt and coated textile garments amounted to $X per unit, dropping by -71.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 164% against the previous year. The export price peaked at $X per unit in 2020, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($X per unit), while the average price for exports to Cameroon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+200.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports into Ghana

In 2021, approx. X units of non-woven, felt and coated textile garments were imported into Ghana; growing by 131% on the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 1,138% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of non-woven, felt and coated textile garments skyrocketed to $X in 2021. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 598%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X units), China (X units) and Spain (X units) were the main suppliers of imports of non-woven, felt and coated textile garments to Ghana, together accounting for 63% of total imports. These countries were followed by the UK, India and the United States, which together accounted for a further 2.4%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +78.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-woven, felt and coated textile garments to Ghana, comprising 57% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.9% share of total imports. It was followed by the UK, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +74.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+62.3% per year) and the UK (+72.1% per year).

Import Prices by Country

In 2021, the average import price for non-woven, felt and coated textile garments amounted to $X per unit, falling by -29.4% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2019 an increase of 131%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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