Western Africa: Market for Finishing Agents Used In The Textile Industry 2025

Market Size for Finishing Agents Used In The Textile Industry in Western Africa

The West African textile industry finishing agents market reached $X in 2022, with an increase of X% against the previous year. Overall, consumption recorded a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Finishing Agents Used In The Textile Industry in Western Africa

In value terms, textile industry finishing agents production rose to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports in Western Africa

In 2022, shipments abroad of finishing agents used in the textile industry decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, textile industry finishing agents exports skyrocketed to $X in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons) and Nigeria (X tons) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Sierra Leone (X kg), making up a X% share of total exports. Ghana (X kg) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the largest textile industry finishing agents supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Sierra Leone ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

In Cote d'Ivoire, textile industry finishing agents exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sierra Leone (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, faced a abrupt contraction. The level of export peaked at $X per ton in 2012; however, from 2013 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 Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Finishing Agents Used In The Textile Industry

Imports in Western Africa

In 2022, the amount of finishing agents used in the textile industry imported in Western Africa shrank to X tons, which is down by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, textile industry finishing agents imports contracted to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Cote d'Ivoire (X tons), Cabo Verde (X tons), Ghana (X tons) and Nigeria (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Senegal (X tons), creating a X% share of total imports. Mali (X tons) and Togo (X tons) took a relatively small share of total imports.

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

In value terms, the largest textile industry finishing agents importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X), together comprising X% of total imports. Cabo Verde, Senegal, Togo and Mali lagged somewhat behind, together comprising a further X%.

Togo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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

The import price in Western Africa stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Togo ($X per ton), while Cabo Verde ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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