Western Africa: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Western Africa

The West African appliance part brush market expanded remarkably to $X in 2022, surging by 9.2% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Appliance Part Brush Production in Western Africa

In value terms, appliance part brush production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 37%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Appliance Part Brush Exports

Exports in Western Africa

In 2022, overseas shipments of brushes constituting parts of appliances decreased by -19.8% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 744%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, appliance part brush exports fell to $X in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 1,137%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ghana was the major exporting country with an export of around X units, which amounted to 71% of total exports. Cote d'Ivoire (X units) ranks second in terms of the total exports with a 15% share, followed by Sierra Leone (5.8%) and Nigeria (5.1%). Mali (X units) took a relatively small share of total exports.

Exports from Ghana decreased at an average annual rate of -4.9% from 2012 to 2022. At the same time, Cote d'Ivoire (+28.4%) and Mali (+9.7%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +28.4% from 2012-2022. By contrast, Sierra Leone (-7.0%) and Nigeria (-10.0%) illustrated a downward trend over the same period. Cote d'Ivoire (+14 p.p.) and Mali (+2 p.p.) significantly strengthened its position in terms of the total exports, while Sierra Leone, Ghana and Nigeria saw its share reduced by -1.8%, -3.6% and -4.2% from 2012 to 2022, respectively.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of exports in 2022, with a combined 78% share of total exports.

In terms of the main exporting countries, Cote d'Ivoire, with a CAGR of +24.3%, recorded the highest rates of growth with regard to the value of exports, 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 Western Africa stood at $X per unit in 2022, picking up by 9% against the previous year. In general, the export price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the export price increased by 71%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+13.1%), while the other leaders experienced more modest paces of growth.

Appliance Part Brush Imports

Imports in Western Africa

In 2022, overseas purchases of brushes constituting parts of appliances increased by 31% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a notable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 127%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, appliance part brush imports surged to $X in 2022. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2019 with an increase of 81%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X units) and Cote d'Ivoire (X units) were the main importers of brushes constituting parts of appliances in Western Africa, together accounting for near 51% of total imports. It was distantly followed by Ghana (X units), Senegal (X units) and Guinea (X units), together committing a 29% share of total imports. Burkina Faso (X units), Niger (X units), Benin (X units), Sierra Leone (X units), Cabo Verde (X units) and Liberia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Benin (with a CAGR of +67.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported brushes constituting parts of appliances in Western Africa, comprising 36% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 17% share of total imports. It was followed by Burkina Faso, with an 11% share.

In Nigeria, appliance part brush imports expanded at an average annual rate of +9.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Cote d'Ivoire (+9.7% per year) and Burkina Faso (+43.3% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, remaining relatively unchanged against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, appliance part brush import price decreased by -13.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 93%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Burkina Faso ($X per unit), while Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+10.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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