Western Africa: Worked Flat Glass Market 2025

Worked Flat Glass Exports

Exports in Western Africa

In 2021, overseas shipments of worked flat glass were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, saw a noticeable curtailment. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, worked flat glass exports surged to $X in 2021. Over the period under review, exports recorded buoyant growth. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Nigeria (X tons) represented the major exporter of worked flat glass, mixing up 88% of total exports. It was distantly followed by Ghana (X tons), comprising an 11% share of total exports.

Nigeria was also the fastest-growing in terms of the worked flat glass exports, with a CAGR of +38.7% from 2012 to 2021. Ghana (-25.4%) illustrated a downward trend over the same period. Nigeria (+85 p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by -85.7% from 2012 to 2021, respectively.

In value terms, Nigeria ($X) remains the largest worked flat glass supplier in Western Africa, comprising 96% of total exports. The second position in the ranking was taken by Ghana ($X), with a 1.1% share of total exports.

In Nigeria, worked flat glass exports expanded at an average annual rate of +49.9% over the period from 2012-2021.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, growing by 182% against the previous year. Over the period under review, the export price posted a significant increase. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Ghana stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+8.1%).

Worked Flat Glass Imports

Imports in Western Africa

In 2021, the amount of worked flat glass imported in Western Africa skyrocketed to X tons, growing by 30% compared with 2020 figures. Total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% 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 75%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, worked flat glass imports surged to $X in 2021. Over the period under review, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ghana prevails in imports structure, finishing at X tons, which was near 87% of total imports in 2021. Benin (X tons), Sierra Leone (X tons), Senegal (X tons) and Togo (X tons) held a little share of total imports.

Imports into Ghana increased at an average annual rate of +2.0% from 2012 to 2021. At the same time, Senegal (+46.1%), Togo (+30.2%) and Sierra Leone (+11.6%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +46.1% from 2012-2021. By contrast, Benin (-5.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Ghana and Senegal increased by +7.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported worked flat glass in Western Africa, comprising 82% of total imports. The second position in the ranking was held by Benin ($X), with a 3.3% share of total imports. It was followed by Senegal, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ghana totaled +9.6%. The remaining importing countries recorded the following average annual rates of imports growth: Benin (+0.8% per year) and Senegal (+37.8% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, with an increase of 17% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, worked flat glass import price increased by +71.1% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 56%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Senegal ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sierra Leone (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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