Western Africa: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports in Western Africa

In 2021, overseas shipments of table, kitchen or household articles and parts of stainless steel decreased by -18.5% to X units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 108%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, stainless steel household articles exports shrank remarkably to $X in 2021. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of 62%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Togo (X units) was the main exporter of table, kitchen or household articles and parts of stainless steel, making up 42% of total exports. Cote d'Ivoire (X units) ranks second in terms of the total exports with a 26% share, followed by Ghana (8.9%), Nigeria (6.2%) and Burkina Faso (5.6%). The following exporters - Gambia (X units) and Mauritania (X units) - together made up 5% of total exports.

From 2012 to 2021, the biggest increases were in Cote d'Ivoire (with a CAGR of +41.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Cote d'Ivoire ($X), Togo ($X) and Gambia ($X) were the countries with the highest levels of exports in 2021, together accounting for 63% of total exports.

Cote d'Ivoire, with a CAGR of +43.1%, 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 unit, falling by -9.2% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stainless steel household articles export price decreased by -38.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by 40% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Gambia ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Gambia (+25.8%), while the other leaders experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports in Western Africa

In 2021, supplies from abroad of table, kitchen or household articles and parts of stainless steel increased by 33% to X units for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 34%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, stainless steel household articles imports skyrocketed to $X in 2021. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 33%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Mauritania (X units), Ghana (X units), Senegal (X units), Cote d'Ivoire (X units), Togo (X units), Guinea (X units) and Benin (X units) was the key importer of table, kitchen or household articles and parts of stainless steel in Western Africa, achieving 89% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Togo (with a CAGR of +34.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Senegal ($X) and Togo ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 54% share of total imports.

Togo, with a CAGR of +46.1%, recorded the highest growth rate of the value of imports, among 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

In 2021, the import price in Western Africa amounted to $X per unit, dropping by -3.2% against the previous year. Overall, the import price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 46% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Togo ($X per unit), while Mauritania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea (+11.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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