Western Africa: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Western Africa

In 2022, the West African cast iron household articles market decreased by -43.3% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Western Africa

In value terms, cast iron household articles production shrank markedly to $X in 2022 estimated in export price. Overall, production, however, recorded significant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 13,931% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in Western Africa

In 2022, shipments abroad of table, kitchen or household articles of cast iron decreased by -55.8% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable setback. The pace of growth was the most pronounced in 2013 when exports increased by 322% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cast iron household articles exports contracted markedly to $X in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of 413% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Ghana (X tons), distantly followed by Nigeria (X tons), Cote d'Ivoire (X tons), Liberia (X tons), Benin (X tons) and Senegal (X tons) represented the main exporters of table, kitchen or household articles of cast iron, together mixing up 92% of total exports. Burkina Faso (X kg) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Liberia (with a CAGR of +51.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) remains the largest cast iron household articles supplier in Western Africa, comprising 76% of total exports. The second position in the ranking was held by Nigeria ($X), with an 8.2% share of total exports. It was followed by Cote d'Ivoire, with a 4.3% share.

In Ghana, cast iron household articles exports shrank by an average annual rate of -3.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (-18.7% per year) and Cote d'Ivoire (+13.2% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, with an increase of 19% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2016 when the export price increased by 62%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Benin ($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 (+23.8%), while the other leaders experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in Western Africa

In 2022, supplies from abroad of table, kitchen or household articles of cast iron decreased by -47.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 118%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cast iron household articles imports contracted remarkably to $X in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 99%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Nigeria was the major importer of table, kitchen or household articles of cast iron in Western Africa, with the volume of imports finishing at X tons, which was approx. 42% of total imports in 2022. It was distantly followed by Burkina Faso (X tons), Togo (X tons) and Senegal (X tons), together mixing up a 50% share of total imports. Ghana (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +46.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported table, kitchen or household articles of cast iron in Western Africa, comprising 36% of total imports. The second position in the ranking was taken by Togo ($X), with a 13% share of total imports. It was followed by Burkina Faso, with a 13% share.

In Nigeria, cast iron household articles imports decreased by an average annual rate of -7.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Togo (+26.4% per year) and Burkina Faso (+20.6% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, growing by 5.8% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 2014 when the import price increased by 56% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :