Report Western Africa - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Western Africa - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Noils Of Wool Market 2025

Noils Of Wool Market Size in Western Africa

The West African noils of wool market stood at $X in 2021, growing by 2.6% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.5% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Noils Of Wool Production in Western Africa

In value terms, noils of wool production reached $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 23%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Noils Of Wool Exports

Exports in Western Africa

In 2017, the amount of noils of wool or fine animal hair exported in Western Africa declined markedly to X kg, with a decrease of -40.7% compared with 2016 figures. Overall, exports saw a dramatic shrinkage. Over the period under review, the exports attained the peak figure at X kg in 2016, and then reduced remarkably in the following year.

In value terms, noils of wool exports contracted sharply to $X in 2017. In general, exports showed a sharp decline. Over the period under review, the exports attained the peak figure at $X in 2016, and then reduced sharply in the following year.

Exports by Country

Nigeria dominates exports structure, recording X kg, which was near 91% of total exports in 2017. It was distantly followed by Ghana (X kg), achieving a 9.4% share of total exports.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of noils of wool or fine animal hair. Ghana (-60.7%) illustrated a downward trend over the same period. Nigeria (+91 p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by -4.8% from 2016 to 2017, respectively.

In value terms, Nigeria ($X) emerged as the largest noils of wool supplier in Western Africa, comprising 81% of total exports. The second position in the ranking was taken by Ghana ($X), with a 19% share of total exports.

From 2016 to 2017, the average annual rate of growth in terms of value in Nigeria was relatively modest.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2017, waning by -77.5% against the previous year. In general, the export price showed a dramatic setback. Over the period under review, the export prices reached the peak figure at $X per ton in 2016, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Nigeria stood at $X per ton.

From 2016 to 2017, the most notable rate of growth in terms of prices was attained by Ghana (-17.9%).

Noils Of Wool Imports

Imports in Western Africa

In 2021, imports of noils of wool or fine animal hair in Western Africa soared to X tons, picking up by 8,897% against 2020. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, noils of wool imports soared to $X in 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 2,126%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

Burkina Faso (X tons) represented roughly 100% of total imports in 2021.

Burkina Faso experienced a relatively flat trend pattern with regard to volume of imports of noils of wool or fine animal hair. From 2012 to 2021, the share of Burkina Faso increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) constitutes the largest market for imported noils of wool or fine animal hair in Western Africa.

In Burkina Faso, noils of wool imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, which is down by -79.1% against the previous year. In general, the import price continues to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2019 when the import price increased by 214% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Burkina Faso.

From 2012 to 2021, the rate of growth in terms of prices for Burkina Faso amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of noils of wool consumption was Nigeria, comprising approx. 59% of total volume. Moreover, noils of wool consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Burkina Faso, ninefold. The third position in this ranking was occupied by Cote d'Ivoire, with a 5.6% share.
Nigeria constituted the country with the largest volume of noils of wool production, accounting for 60% of total volume. Moreover, noils of wool production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, tenfold. The third position in this ranking was occupied by Niger, with a 5.5% share.
In value terms, Nigeria $247) emerged as the largest noils of wool supplier in Western Africa, comprising 81% of total exports. The second position in the ranking was occupied by Ghana $58), with a 19% share of total exports.
In value terms, Burkina Faso constitutes the largest market for imported noils of wool or fine animal hair in Western Africa.
In 2017, the noils of wool export price in Western Africa amounted to $681 per ton, waning by -77.5% against the previous year.
The noils of wool import price in Western Africa stood at $902 per ton in 2021, shrinking by -79.1% against the previous year.

This report provides an in-depth analysis of the noils of wool market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13102300 - Noils of wool or fine animal hair

Country coverage:

  • Benin
  • Burkina Faso
  • Cabo Verde
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Mauritania
  • Niger
  • Nigeria
  • Saint Helena, Ascension and Tristan da Cunha
  • Senegal
  • Sierra Leone
  • Togo
  • Cote d'Ivoire

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Western Africa, split by region and country
  • Trade (exports and imports) in Western Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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