Western Africa: Curtains Market 2024

Curtains Exports

Exports in Western Africa

In 2022, the amount of curtains and interior blinds exported in Western Africa soared to X square meters, growing by 69% on the previous year's figure. Over the period under review, exports saw resilient growth. The growth pace was the most rapid in 2013 with an increase of 71% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, curtains exports contracted slightly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 48%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Togo prevails in exports structure, accounting for X square meters, which was near 66% of total exports in 2022. Mali (X square meters) held a 6.8% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (5.8%), Gambia (4.9%) and Cabo Verde (4.7%). The following exporters - Senegal (X square meters) and Ghana (X square meters) - together made up 6.8% of total exports.

Togo was also the fastest-growing in terms of the curtains and interior blinds exports, with a CAGR of +20.5% from 2012 to 2022. At the same time, Cabo Verde (+19.2%), Gambia (+12.4%), Ghana (+10.6%) and Mali (+9.8%) displayed positive paces of growth. By contrast, Nigeria (-3.7%) and Senegal (-11.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo, Cabo Verde, Gambia and Mali increased by +47, +3.2, +2 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest curtains supplying countries in Western Africa were Cabo Verde ($X), Togo ($X) and Nigeria ($X), with a combined 56% share of total exports.

In terms of the main exporting countries, Cabo Verde, with a CAGR of +34.5%, saw the highest growth rate of 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 square meter in 2022, waning by -43% against the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 67% against the previous year. Over the period under review, the export prices attained the maximum at $X per square meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cabo Verde ($X per square meter), while Togo ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cabo Verde (+12.8%), while the other leaders experienced mixed trends in the export price figures.

Curtains Imports

Imports in Western Africa

In 2022, imports of curtains and interior blinds in Western Africa dropped to X square meters, reducing by -9.2% on the previous year. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 42%. The volume of import peaked at X square meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, curtains imports shrank to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 117% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Ghana (X square meters), distantly followed by Guinea (X square meters), Senegal (X square meters), Nigeria (X square meters), Cote d'Ivoire (X square meters), Togo (X square meters) and Gambia (X square meters) were the largest importers of curtains and interior blinds, together committing 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2022, with a combined 62% share of total imports. Guinea, Cote d'Ivoire, Gambia and Togo lagged somewhat behind, together accounting for a further 26%.

In terms of the main importing countries, Guinea, with a CAGR of +25.7%, 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

The import price in Western Africa stood at $X per square meter in 2022, approximately mirroring the previous year. Import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, curtains import price increased by +53.5% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 53% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per square meter), while Togo ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+26.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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