Report Update Mar 1, 2025

Western Africa - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Artificial Fur Market 2025

Artificial Fur Market Size in Western Africa

The West African artificial fur market declined to $X in 2022, with a decrease of -14.7% against the previous year. In general, consumption recorded a abrupt setback. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Artificial Fur Production in Western Africa

In value terms, artificial fur production fell modestly to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 42%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Artificial Fur Exports

Exports in Western Africa

In 2022, shipments abroad of artificial fur was finally on the rise to reach X kg after three years of decline. In general, exports, however, showed a significant contraction. The growth pace was the most rapid in 2016 when exports increased by 2,458%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial fur exports rose markedly to $X in 2022. Over the period under review, exports, however, saw a sharp setback. The pace of growth appeared the most rapid in 2016 with an increase of 2,693%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Senegal represented the main exporter of artificial fur in Western Africa, with the volume of exports reaching X kg, which was near 80% of total exports in 2022. It was distantly followed by Nigeria (X kg), creating a 20% share of total exports.

Senegal was also the fastest-growing in terms of the artificial fur exports, with a CAGR of -17.7% from 2012 to 2022. Nigeria (-26.8%) illustrated a downward trend over the same period. While the share of Senegal (+63 p.p.) and Nigeria (+6.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest artificial fur supplier in Western Africa, comprising 98% of total exports. The second position in the ranking was held by Nigeria ($X), with a 1.9% share of total exports.

In Senegal, artificial fur exports expanded at an average annual rate of +1.4% over the period from 2012-2022.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, falling by -25.1% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by 226%. The level of export peaked at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+23.2%).

Artificial Fur Imports

Imports in Western Africa

In 2022, supplies from abroad of artificial fur increased by 43% to X tons, rising for the second consecutive year after three years of decline. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 251% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, artificial fur imports reduced to $X in 2022. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of 146% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Mauritania (X tons) and Nigeria (X tons) represented roughly 76% of total imports in 2022. It was distantly followed by Niger (X tons), creating a 21% share of total imports. Cote d'Ivoire (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cote d'Ivoire (with a CAGR of +48.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest artificial fur importing markets in Western Africa were Mauritania ($X), Nigeria ($X) and Cote d'Ivoire ($X), together accounting for 94% of total imports.

Cote d'Ivoire, with a CAGR of +48.3%, saw the highest growth rate of the value of imports, in terms of 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 Western Africa amounted to $X per ton, falling by -30.8% against the previous year. Over the period under review, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of 80% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial fur in Western Africa?

Nigeria constituted the country with the largest volume of artificial fur consumption, accounting for 45% of total volume. Moreover, artificial fur consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Niger, fivefold. Ghana ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of artificial fur in Western Africa?

The country with the largest volume of artificial fur production was Nigeria, accounting for 45% of total volume. Moreover, artificial fur production in Nigeria exceeded the figures recorded by the second-largest producer, Niger, fivefold. Ghana ranked third in terms of total production with a 6.1% share.

What are the leading exporters of artificial fur in Western Africa?

In value terms, Senegal remains the largest artificial fur supplier in Western Africa.

What are the leading importers of artificial fur in Western Africa?

In value terms, Cote d'Ivoire constitutes the largest market for imported artificial fur in Western Africa, comprising 52% of total imports. The second position in the ranking was occupied by Nigeria, with a 23% share of total imports. It was followed by Senegal, with an 18% share.

What is the average export price for artificial fur in Western Africa?

The export price in Western Africa stood at $4,312 per ton in 2021, with an increase of 21% against the previous year.

What is the average import price for artificial fur in Western Africa?

The import price in Western Africa stood at $16,434 per ton in 2021, growing by 7.2% against the previous year.

This report provides an in-depth analysis of the artificial fur market in Western Africa. 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 13911920 - Artificial fur and articles thereof

Country coverage:

Benin
Burkina Faso
Cabo Verde
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
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 Western Africa, split by region and country
Trade (exports and imports) in Western Africa
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024