Western Africa: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in Western Africa

The West African plastic tableware and kitchenware market reduced to $X in 2022, waning by -8.5% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +5.8% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Plastic Tableware And Kitchenware in Western Africa

In value terms, plastic tableware and kitchenware production shrank to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 64%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Plastic Tableware And Kitchenware

Exports in Western Africa

In 2022, shipments abroad of plastic tableware and kitchenware increased by 105% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a abrupt descent. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic tableware and kitchenware exports surged to $X in 2022. Overall, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2015 when exports increased by 112%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire was the largest exporter of plastic tableware and kitchenware in Western Africa, with the volume of exports accounting for X tons, which was near 42% of total exports in 2022. Nigeria (X tons) held the second position in the ranking, distantly followed by Ghana (X tons) and Senegal (X tons). All these countries together held approx. 52% share of total exports. The following exporters - Guinea (X tons) and Togo (X tons) - each recorded a 5.9% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +38.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) emerged as the largest plastic tableware and kitchenware supplier in Western Africa, comprising 48% of total exports. The second position in the ranking was held by Ghana ($X), with a 24% share of total exports. It was followed by Senegal, with a 14% share.

In Cote d'Ivoire, plastic tableware and kitchenware exports increased at an average annual rate of +11.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (-23.6% per year) and Senegal (+16.6% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, with a decrease of -27.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by 32%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Senegal (+2.7%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Tableware And Kitchenware

Imports in Western Africa

In 2022, after two years of growth, there was significant decline in purchases abroad of plastic tableware and kitchenware, when their volume decreased by -11.4% to X tons. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, plastic tableware and kitchenware imports shrank to $X in 2022. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by 51% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Ghana was the main importing country with an import of about X tons, which reached 39% of total imports. Senegal (X tons) ranks second in terms of the total imports with a 14% share, followed by Cote d'Ivoire (9.2%), Burkina Faso (9.1%), Guinea (6.3%) and Togo (4.8%). Mauritania (X tons) followed a long way behind the leaders.

Imports into Ghana increased at an average annual rate of +11.2% from 2012 to 2022. At the same time, Togo (+55.4%), Guinea (+15.8%), Cote d'Ivoire (+15.6%), Burkina Faso (+12.8%) and Senegal (+9.4%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +55.4% from 2012-2022. Mauritania experienced a relatively flat trend pattern. Ghana (+9.3 p.p.), Togo (+4.7 p.p.), Cote d'Ivoire (+4.5 p.p.), Guinea (+3.1 p.p.) and Burkina Faso (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Mauritania saw its share reduced by -3.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported plastic tableware and kitchenware in Western Africa, comprising 44% of total imports. The second position in the ranking was taken by Senegal ($X), with a 17% share of total imports. It was followed by Cote d'Ivoire, with a 12% share.

In Ghana, plastic tableware and kitchenware imports expanded at an average annual rate of +15.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (+16.9% per year) and Cote d'Ivoire (+22.5% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, with a decrease of -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 when the import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted modestly in the following year.

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 Mauritania ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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