Western Africa: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in Western Africa

In 2022, after three years of growth, there was significant decline in the West African textile wall covering market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed temperate growth. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Textile Wall Covering Production in Western Africa

In value terms, textile wall covering production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a slight expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Textile Wall Covering Exports

Exports in Western Africa

In 2022, approx. X square meters of textile wall coverings were exported in Western Africa; with an increase of X% compared with 2021. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, textile wall covering exports rose significantly to $X in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Cote d'Ivoire (X square meters), followed by Ghana (X square meters) were the key exporters of textile wall coverings, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ghana (with a CAGR of X%).

In value terms, Cote d'Ivoire ($X) and Ghana ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Western Africa stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per square meter), while Cote d'Ivoire amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Textile Wall Covering Imports

Imports in Western Africa

After three years of growth, purchases abroad of textile wall coverings decreased by X% to X square meters in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters, and then shrank rapidly in the following year.

In value terms, textile wall covering imports fell rapidly to $X in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

Senegal was the major importing country with an import of around X square meters, which resulted at X% of total imports. Mali (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%) and Togo (X%). Ghana (X square meters), Benin (X square meters) and Burkina Faso (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to textile wall covering imports into Senegal stood at X%. At the same time, Ghana (X%), Benin (X%), Burkina Faso (X%), Togo (X%), Mali (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Senegal (X p.p.), Mali (X p.p.), Togo (X p.p.), Cote d'Ivoire (X p.p.), Ghana (X p.p.), Benin (X p.p.) and Burkina Faso (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) constitutes the largest market for imported textile wall coverings in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Mali ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Senegal amounted to X%. In the other countries, the average annual rates were as follows: Mali (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per square meter in 2022, jumping by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wall covering import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per square meter), while Mali ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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