Western Africa: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Western Africa

In 2022, the West African market for other plastic tubes, pipes and hoses increased by 17% to $X, rising for the fourth consecutive year after two years of decline. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +85.4% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Other Plastic Tubes, Pipes and Hoses in Western Africa

In value terms, production of other plastic tubes, pipes and hoses shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 42% against the previous year. Over the period under review, production of attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports in Western Africa

In 2022, shipments abroad of other plastic tubes, pipes and hoses decreased by -23.5% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 519%. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of other plastic tubes, pipes and hoses soared to $X in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 553%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Ghana represented the major exporter of other plastic tubes, pipes and hoses in Western Africa, with the volume of exports resulting at X tons, which was near 40% of total exports in 2022. Cote d'Ivoire (X tons) took the second position in the ranking, followed by Nigeria (X tons) and Togo (X tons). All these countries together held near 48% share of total exports. Senegal (X tons), Benin (X tons) and Niger (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to other plastic tubes, pipes and hoses exports from Ghana stood at -8.0%. At the same time, Niger (+68.1%) and Togo (+9.0%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +68.1% from 2012-2022. By contrast, Nigeria (-4.4%), Cote d'Ivoire (-6.3%), Senegal (-9.9%) and Benin (-13.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo, Nigeria and Niger increased by +10, +2.7 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest other plastic tubes, pipes and hoses supplying countries in Western Africa were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), with a combined 80% share of total exports. Togo, Senegal, Benin and Niger lagged somewhat behind, together accounting for a further 14%.

Niger, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of 73% against the previous year. Over the period under review, the export price, however, saw a mild downturn. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+0.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports in Western Africa

For the fifth consecutive year, Western Africa recorded growth in overseas purchases of other plastic tubes, pipes and hoses, which increased by 42% to X tons in 2022. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 59%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of other plastic tubes, pipes and hoses skyrocketed to $X in 2022. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by Ghana (X tons), Senegal (X tons), Mauritania (X tons), Guinea (X tons), Mali (X tons) and Burkina Faso (X tons) represented the largest importers of other plastic tubes, pipes and hoses, together making up 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mauritania (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Guinea ($X) were the countries with the highest levels of imports in 2022, with a combined 37% share of total imports.

Among the main importing countries, Senegal, with a CAGR of +22.7%, recorded the highest rates of growth with regard to 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 ton, which is down by -2.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the import price increased by 23%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (-2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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