Western Africa: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2025

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Western Africa

The West African market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground declined modestly to $X in 2022, falling by -4.6% against the previous year. The total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.4% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Western Africa

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground reduced to $X in 2022 estimated in export price. Overall, production, however, showed a temperate increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 63% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports in Western Africa

In 2022, overseas shipments of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground were finally on the rise to reach X square meters after three years of decline. Over the period under review, exports showed a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by 449%. As a result, the exports attained the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground surged to $X in 2022. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 659% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Nigeria (X square meters) represented the main exporter of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, generating 53% of total exports. It was distantly followed by Ghana (X square meters), Burkina Faso (X square meters) and Togo (X square meters), together constituting a 43% share of total exports. Mali (X square meters) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mali (with a CAGR of +53.9%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) emerged as the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier in Western Africa, comprising 62% of total exports. The second position in the ranking was taken by Ghana ($X), with a 24% share of total exports. It was followed by Burkina Faso, with a 6.3% share.

In Nigeria, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased at an average annual rate of +17.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (+31.2% per year) and Burkina Faso (+34.4% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per square meter, stabilizing at the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground decreased by -18.0% against 2020 indices. The pace of growth was the most pronounced in 2018 when the export price increased by 38% against the previous year. The level of export peaked 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 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 Mali (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports in Western Africa

After two years of decline, supplies from abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 4.6% to X square meters in 2022. Over the period under review, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 42% against the previous year. The volume of import peaked at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground reduced to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 39%. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ghana (X square meters) was the major importer of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, achieving 40% of total imports. Cote d'Ivoire (X square meters) took the second position in the ranking, followed by Senegal (X square meters), Nigeria (X square meters), Guinea (X square meters), Sierra Leone (X square meters) and Gambia (X square meters). All these countries together took near 47% share of total imports.

Imports into Ghana increased at an average annual rate of +9.9% from 2012 to 2022. At the same time, Gambia (+44.2%), Sierra Leone (+16.9%), Guinea (+12.7%), Senegal (+8.3%) and Cote d'Ivoire (+6.7%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +44.2% from 2012-2022. By contrast, Nigeria (-24.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Cote d'Ivoire, Senegal, Gambia, Sierra Leone and Guinea increased by +30, +11, +6.8, +4.5, +4.3 and +4.2 percentage points, respectively.

In value terms, Ghana ($X) constitutes the largest market for imported float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Western Africa, comprising 38% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 15% share of total imports. It was followed by Senegal, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to +9.0%. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+5.6% per year) and Senegal (+8.0% per year).

Import Prices by Country

The import price in Western Africa stood at $X per square meter in 2022, falling by -10.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2014 an increase of 34%. Over the period under review, import prices attained the peak figure at $X per square meter in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Sierra Leone ($X per square meter) and Guinea ($X per square meter), while Nigeria ($X per square meter) and Cote d'Ivoire ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform