Western Africa: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Western Africa

The West African market for mattresses other than of cellular rubber or plastics was estimated at $X in 2022, with an increase of 8.7% against the previous year. Overall, consumption posted a buoyant expansion. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Mattresses other than of cellular rubber or plastics in Western Africa

In value terms, production of mattresses other than of cellular rubber or plastics shrank to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -18.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports in Western Africa

In 2022, after two years of growth, there was significant decline in overseas shipments of mattresses other than of cellular rubber or plastics, when their volume decreased by -9.5% to X units. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by 205%. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics shrank to $X in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 110%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Cote d'Ivoire (X units), distantly followed by Nigeria (X units), Mali (X units), Togo (X units), Ghana (X units), Benin (X units) and Senegal (X units) represented the major exporters of mattresses other than of cellular rubber or plastics, together making up 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses other than of cellular rubber or plastics supplying countries in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Mali ($X), together comprising 58% of total exports.

Cote d'Ivoire, with a CAGR of +47.8%, saw the highest growth rate of the value of exports, among the main exporting countries 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, approximately mirroring the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 88% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+12.2%), while the other leaders experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports in Western Africa

In 2022, imports of mattresses other than of cellular rubber or plastics in Western Africa expanded markedly to X units, with an increase of 12% against the previous year. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 65% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of mattresses other than of cellular rubber or plastics rose slightly to $X in 2022. In general, imports saw prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 62%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Togo (X units), Ghana (X units), Guinea (X units), Burkina Faso (X units), Cabo Verde (X units) and Cote d'Ivoire (X units) represented the main importer of mattresses other than of cellular rubber or plastics in Western Africa, making up 76% of total import. Gambia (X units), Mauritania (X units), Mali (X units), Guinea-Bissau (X units), Sierra Leone (X units), Senegal (X units) and Niger (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +30.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses other than of cellular rubber or plastics importing markets in Western Africa were Togo ($X), Guinea ($X) and Cabo Verde ($X), with a combined 47% share of total imports.

Among the main importing countries, Togo, with a CAGR of +35.6%, recorded the highest growth rate of 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

In 2022, the import price in Western Africa amounted to $X per unit, declining by -7.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

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 ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform