Western Africa: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Western Africa

The West African metal frame non-upholstered seat market rose to $X in 2021, picking up by 4.3% against the previous year. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +111.8% against 2012 indices. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Production of Non-Upholstered Seats With Metal Frames in Western Africa

In value terms, metal frame non-upholstered seat production shrank to $X in 2021 estimated in export price. Overall, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 33% against the previous year. The level of production peaked at $X in 2020, and then contracted slightly in the following year.

Exports of Non-Upholstered Seats With Metal Frames

Exports in Western Africa

In 2021, after three years of decline, there was significant growth in shipments abroad of non-upholstered seats with metal frames, when their volume increased by 73% to X units. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, metal frame non-upholstered seat exports soared to $X in 2021. Overall, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ghana (X units) and Senegal (X units) prevails in exports structure, together mixing up 89% of total exports. The following exporters - Liberia (X units), Cote d'Ivoire (X units) and Niger (X units) - together made up 6% of total exports.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) remains the largest metal frame non-upholstered seat supplier in Western Africa, comprising 47% of total exports. The second position in the ranking was held by Liberia ($X), with a 9.6% share of total exports. It was followed by Ghana, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value in Senegal totaled +9.5%. In the other countries, the average annual rates were as follows: Liberia (+13.3% per year) and Ghana (-3.1% per year).

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, dropping by -12.3% against the previous year. Overall, the export price, however, continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2016 an increase of 56%. The level of export peaked at $X per unit in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Liberia ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+40.0%), while the other leaders experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports in Western Africa

After two years of decline, overseas purchases of non-upholstered seats with metal frames increased by 55% to X units in 2021. Overall, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 127%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, metal frame non-upholstered seat imports soared to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 102% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Ghana was the main importing country with an import of around X units, which accounted for 55% of total imports. Senegal (X units) held the second position in the ranking, followed by Cote d'Ivoire (X units). All these countries together took approx. 31% share of total imports. The following importers - Togo (X units), Guinea (X units) and Niger (X units) - together made up 6.6% of total imports.

Imports into Ghana increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Cote d'Ivoire (+20.7%) and Senegal (+19.8%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +20.7% from 2012-2021. By contrast, Niger (-5.0%), Guinea (-7.2%) and Togo (-21.1%) illustrated a downward trend over the same period. While the share of Ghana (+26 p.p.), Senegal (+13 p.p.) and Cote d'Ivoire (+12 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Togo (-22.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported non-upholstered seats with metal frames in Western Africa, comprising 47% of total imports. The second position in the ranking was taken by Senegal ($X), with a 21% share of total imports. It was followed by Cote d'Ivoire, with a 16% share.

In Ghana, metal frame non-upholstered seat imports expanded at an average annual rate of +13.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (+23.1% per year) and Cote d'Ivoire (+23.4% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, increasing by 18% against the previous year. Import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal frame non-upholstered seat import price increased by +59.0% against 2019 indices. The pace of growth was the most pronounced in 2013 when the import price increased by 49% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per unit), while Niger ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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