Western Africa: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Western Africa

The West African market for pens, stylos and similar stationery surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pens, Stylos And Similar Stationery in Western Africa

In value terms, pens, stylos and similar stationery production expanded significantly to $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports in Western Africa

In 2022, pens, stylos and similar stationery exports in Western Africa dropped to X units, which is down by X% on the previous year's figure. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pens, stylos and similar stationery exports soared to $X in 2022. In general, exports saw a abrupt downturn. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. Cote d'Ivoire (X units) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the pens, stylos and similar stationery exports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest pens, stylos and similar stationery supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire stood at X%.

Export Prices by Country

In 2022, the export price in Western Africa amounted to less than $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Nigeria stood at less than $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%).

Imports of Pens, Stylos And Similar Stationery

Imports in Western Africa

In 2022, purchases abroad of pens, stylos and similar stationery increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery imports surged to $X in 2022. In general, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mauritania (X units) represented the major importer of pens, stylos and similar stationery, constituting X% of total imports. Nigeria (X units) held the second position in the ranking, followed by Cote d'Ivoire (X units), Benin (X units), Togo (X units) and Ghana (X units). All these countries together took near X% share of total imports. Senegal (X units) followed a long way behind the leaders.

Mauritania was also the fastest-growing in terms of the pens, stylos and similar stationery imports, with a CAGR of X% from 2012 to 2022. At the same time, Togo (X%), Benin (X%), Nigeria (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, Senegal (X%) and Ghana (X%) illustrated a downward trend over the same period. While the share of Mauritania (X p.p.), Nigeria (X p.p.), Benin (X p.p.), Togo (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Senegal (X p.p.) and Ghana (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported pens, stylos and similar stationery in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Nigeria, pens, stylos and similar stationery imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per thousand units in 2022, declining by X% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per thousand units. From 2016 to 2022, the import prices failed to regain momentum.

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 Nigeria ($X per thousand units), while Mauritania ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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