Western Africa: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Western Africa

The West African market for table linen of knitted or crocheted textiles soared to $X in 2021, picking up by 41% against the previous year. In general, consumption, however, showed a mild setback. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Table Linen Of Knitted Or Crocheted Textiles in Western Africa

In value terms, table linen of crocheted textile production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 126% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in Western Africa

In 2021, overseas shipments of table linen of knitted or crocheted textiles increased by 19% to X kg, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by 571%. The volume of export peaked at X kg in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile exports contracted significantly to $X in 2021. Over the period under review, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 1,444%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mali (X kg) and Ghana (X kg) represented roughly 72% of total exports in 2021. Liberia (X kg) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Cote d'Ivoire (6%).

From 2012 to 2021, the biggest increases were recorded for Mali (with a CAGR of +50.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest table linen of crocheted textile supplying countries in Western Africa were Mali ($X), Ghana ($X) and Liberia ($X), with a combined 92% share of total exports.

Among the main exporting countries, Liberia, with a CAGR of +143.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, dropping by -52% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 when the export price increased by 160% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Ghana ($X per ton), while Liberia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+2.9%), while the other leaders experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in Western Africa

In 2021, supplies from abroad of table linen of knitted or crocheted textiles was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 132%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile imports skyrocketed to $X in 2021. Overall, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of 205% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Mauritania (X tons) and Senegal (X tons) were the major importers of table linen of knitted or crocheted textiles in 2021, resulting at near 30% and 27% of total imports, respectively. Ghana (X tons) ranks next in terms of the total imports with a 16% share, followed by Cote d'Ivoire (10%) and Niger (6.2%). Togo (X kg) and Guinea (X kg) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cote d'Ivoire (with a CAGR of +27.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mauritania ($X) constitutes the largest market for imported table linen of knitted or crocheted textiles in Western Africa, comprising 56% of total imports. The second position in the ranking was taken by Ghana ($X), with a 15% share of total imports. It was followed by Senegal, with a 13% share.

In Mauritania, table linen of crocheted textile imports contracted by an average annual rate of -1.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ghana (+11.7% per year) and Senegal (-12.4% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, jumping by 89% against the previous year. Overall, the import price posted a perceptible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Mauritania ($X per ton), while Togo ($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 (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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