Western Africa: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Western Africa

The West African market for footwear with uppers of textile materials stood at $X in 2022, surging by 6.2% against the previous year. In general, consumption posted a pronounced increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Footwear with Uppers of Textile Materials in Western Africa

In value terms, production of footwear with uppers of textile materials expanded notably to $X in 2022 estimated in export price. Overall, production enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2016 with an increase of 47%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Footwear with Uppers of Textile Materials

Exports in Western Africa

In 2022, overseas shipments of footwear with uppers of textile materials were finally on the rise to reach X pairs after two years of decline. In general, exports, however, continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2018 when exports increased by 66%. Over the period under review, the exports of hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials expanded remarkably to $X in 2022. Overall, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 62%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria was the key exporter of footwear with uppers of textile materials in Western Africa, with the volume of exports recording X pairs, which was approx. 54% of total exports in 2022. It was distantly followed by Ghana (X pairs), Togo (X pairs) and Cote d'Ivoire (X pairs), together achieving a 41% share of total exports. Niger (X pairs) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the footwear with uppers of textile materials exports, with a CAGR of +24.4% from 2012 to 2022. At the same time, Togo (+23.6%), Niger (+22.3%) and Ghana (+2.0%) displayed positive paces of growth. By contrast, Cote d'Ivoire (-40.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Ghana, Togo and Niger increased by +53, +22, +9.5 and +1.6 percentage points, respectively.

In value terms, Nigeria ($X) remains the largest footwear with uppers of textile materials supplier in Western Africa, comprising 49% of total exports. The second position in the ranking was held by Ghana ($X), with a 22% share of total exports. It was followed by Togo, with a 17% share.

In Nigeria, exports of footwear with uppers of textile materials increased at an average annual rate of +27.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (+7.1% per year) and Togo (+34.1% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per pair, growing by 8.3% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 footwear with uppers of textile materials increased by +69.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 25%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Togo ($X per pair), while Cote d'Ivoire ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+8.5%), while the other leaders experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports in Western Africa

Imports of footwear with uppers of textile materials contracted significantly to X pairs in 2022, waning by -17.2% against the year before. Overall, imports, however, enjoyed mild growth. The pace of growth appeared the most rapid in 2014 when imports increased by 143% against the previous year. As a result, imports attained the peak of X pairs. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of footwear with uppers of textile materials fell to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 221%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Guinea (X pairs) and Cote d'Ivoire (X pairs) were the key importers of footwear with uppers of textile materials in Western Africa, together finishing at approx. 36% of total imports. Ghana (X pairs) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (10%), Sierra Leone (8.4%), Liberia (8.3%), Nigeria (7.1%) and Gambia (6.6%).

From 2012 to 2022, the biggest increases were recorded for Gambia (with a CAGR of +51.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear with uppers of textile materials importing markets in Western Africa were Guinea ($X), Cote d'Ivoire ($X) and Sierra Leone ($X), together comprising 50% of total imports. Liberia, Nigeria, Ghana, Senegal and Gambia lagged somewhat behind, together comprising a further 37%.

Gambia, with a CAGR of +35.2%, saw 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 pair in 2022, increasing by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 when the import price increased by 32%. Over the period under review, import prices hit record highs at $X per pair in 2019; however, from 2020 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 Sierra Leone ($X per pair), while Senegal ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Liberia (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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