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Report Western Africa - Parquet Panels of Wood (Excluding Those for Mosaic Floors) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Parquet Panels of Wood (Excluding Those for Mosaic Floors) - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Wood Parquet Panels Market 2022

Wood Parquet Panels Market Size in Western Africa

The West African wood parquet panels market amounted to $X in 2021, leveling off at the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wood Parquet Panels Production in Western Africa

In value terms, wood parquet panels production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Production By Country in Western Africa

The countries with the highest volumes of in 2021 were Ghana (X square meters), Cote d'Ivoire (X square meters) and Mali (X square meters), with a combined X% share of total production. Benin and Togo lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Togo (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Wood Parquet Panels Exports

Exports in Western Africa

In 2021, overseas shipments of parquet panels of wood (excluding those for mosaic floors) decreased by -X% to X square meters, falling for the second year in a row after three years of growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X square meters. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood parquet panels exports shrank notably to $X in 2021. In general, exports showed a pronounced contraction. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Cote d'Ivoire (X square meters) was the major exporter of parquet panels of wood (excluding those for mosaic floors), creating X% of total exports. It was distantly followed by Ghana (X square meters), mixing up a X% share of total exports. Benin (X square meters) and Niger (X square meters) followed a long way behind the leaders.

Exports from Cote d'Ivoire increased at an average annual rate of +X% from 2012 to 2021. At the same time, Ghana (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +X% from 2012-2021. Niger experienced a relatively flat trend pattern. By contrast, Benin (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Ghana, Cote d'Ivoire and Niger increased by +X, +X and +X percentage points, respectively.

In value terms, Cote d'Ivoire ($X), Ghana ($X) and Niger ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

Ghana, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Wood Parquet Panels Imports

Imports in Western Africa

In 2021, wood parquet panels imports in Western Africa skyrocketed to X square meters, with an increase of X% against 2020. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, wood parquet panels imports expanded significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports remained at a lower figure.

Imports by Country

Nigeria (X square meters) and Senegal (X square meters) represented the main importers of parquet panels of wood (excluding those for mosaic floors) in 2021, finishing at near X% and X% of total imports, respectively. It was distantly followed by Togo (X square meters), Ghana (X square meters), Cabo Verde (X square meters) and Cote d'Ivoire (X square meters), together generating a X% share of total imports. Niger (X square meters) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Senegal (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Senegal ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Senegal, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of wood parquet panels consumption in 2020 were Cote d'Ivoire, Mali and Senegal, with a combined 66% share of total consumption. Benin, Togo, Saint Helena, Ascension and Tristan da Cunha and Gambia lagged somewhat behind, together comprising a further 27%.
The countries with the highest volumes of wood parquet panels production in 2020 were Cote d'Ivoire, Mali and Senegal, together comprising 74% of total production.
In value terms, Cote d'Ivoire remains the largest wood parquet panels supplier in Western Africa, comprising 70% of total exports. The second position in the ranking was occupied by Ghana, with a 27% share of total exports.
In value terms, the largest wood parquet panels importing markets in Western Africa were Nigeria, Senegal and Gambia, with a combined 25% share of total imports. These countries were followed by Niger, Burkina Faso, Guinea-Bissau, Saint Helena, Ascension and Tristan da Cunha, Sierra Leone, Liberia, Togo, Guinea, Mali and Mauritania, which together accounted for a further 74%.
In 2020, the wood parquet panels export price in Western Africa amounted to $0.9 per square meter, waning by -24.2% against the previous year.
In 2020, the wood parquet panels import price in Western Africa amounted to $2.3 per square meter, which is down by -2.6% against the previous year.

This report provides an in-depth analysis of the wood parquet panels 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 16221060 - Parquet panels of wood (excluding those for mosaic floors)

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 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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