Western Africa: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Western Africa

In 2020, shipments abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters for the first time since 2015, thus ending a four-year declining trend. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X square meters in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank sharply to $X in 2020. Over the period under review, exports recorded a noticeable reduction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Nigeria represented the largest exporter of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa, with the volume of exports recording X square meters, which was near X% of total exports in 2020. It was distantly followed by Niger (X square meters), comprising a X% share of total exports.

Nigeria was also the fastest-growing in terms of the safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses exports, with a CAGR of +X% from 2007 to 2020. At the same time, Niger (+X%) displayed positive paces of growth. Nigeria (+X p.p.) and Niger (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) remains the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier in Western Africa, comprising X% of total exports. The second position in the ranking was occupied by Niger ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Nigeria amounted to +X%.

Export Prices by Country

In 2020, the export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa amounted to $X per square meter, dropping by -X% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2015 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per square meter in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Nigeria ($X per square meter), while Niger stood at $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Western Africa

In 2020, supplies from abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second year in a row after three years of growth. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X square meters. from 2012 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped significantly to $X in 2020. In general, imports, however, posted a temperate expansion. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

Nigeria was the main importer of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa, with the volume of imports recording X square meters, which was near X% of total imports in 2020. Ghana (X square meters) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%) and Senegal (X%). Guinea (X square meters) occupied a little share of total imports.

Imports into Nigeria increased at an average annual rate of +X% from 2007 to 2020. At the same time, Cote d'Ivoire (+X%), Senegal (+X%), Guinea (+X%) and Ghana (+X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Nigeria, Cote d'Ivoire and Senegal increased by +X%, +X% and +X% percentage points, while Ghana (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels importing markets in Western Africa were Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. Senegal and Guinea lagged somewhat behind, together comprising a further 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.

Import Prices by Country

The import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa stood at $X per square meter in 2020, surging by X% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per square meter. from 2009 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Senegal ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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