Western Africa: Market for Sanitary Ware And Parts Of Iron Or Steel 2025

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Western Africa

The West African market for sanitary ware and parts of iron or steel expanded slightly to $X in 2021, with an increase of 4.4% against the previous year. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.5% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Sanitary Ware And Parts Of Iron Or Steel in Western Africa

In value terms, iron or steel sanitary ware production totaled $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.5% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 57% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in Western Africa

In 2021, approx. X tons of sanitary ware and parts of iron or steel were exported in Western Africa; which is down by -36.9% against 2020 figures. In general, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 with an increase of 82% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, iron or steel sanitary ware exports shrank significantly to $X in 2021. Overall, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 146%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burkina Faso prevails in exports structure, accounting for X tons, which was near 60% of total exports in 2021. It was distantly followed by Togo (X tons), Ghana (X tons), Niger (X tons) and Sierra Leone (X tons), together making up a 29% share of total exports. Nigeria (X kg) and Mauritania (X kg) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to iron or steel sanitary ware exports from Burkina Faso stood at +42.2%. At the same time, Mauritania (+66.0%), Sierra Leone (+35.5%) and Ghana (+8.1%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +66.0% from 2012-2021. By contrast, Niger (-5.2%), Nigeria (-5.6%) and Togo (-21.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Burkina Faso, Sierra Leone, Ghana and Mauritania increased by +58, +6.5, +4.3 and +3.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron or steel sanitary ware supplying countries in Western Africa were Burkina Faso ($X), Togo ($X) and Sierra Leone ($X), with a combined 71% share of total exports.

Burkina Faso, with a CAGR of +49.9%, saw the highest rates of growth with regard to 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.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, rising by 32% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 89%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sierra Leone ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+15.1%), while the other leaders experienced more modest paces of growth.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in Western Africa

In 2021, supplies from abroad of sanitary ware and parts of iron or steel decreased by -15.3% to X tons for the first time since 2015, thus ending a five-year rising trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 58%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, iron or steel sanitary ware imports surged to $X in 2021. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by 66%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Nigeria (X tons), Ghana (X tons), Senegal (X tons), Guinea (X tons), Cote d'Ivoire (X tons) and Togo (X tons) represented roughly 87% of total imports in 2021. Mauritania (X tons) followed a long way behind the leaders.

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 +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2021, with a combined 63% share of total imports.

In terms of the main importing countries, Senegal, with a CAGR of +33.2%, saw the highest growth rate of 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

The import price in Western Africa stood at $X per ton in 2021, rising by 46% against the previous year. Import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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