ECOWAS: Market for Tableware And Kitchenware Of Wood 2024

Market Size for Tableware And Kitchenware Of Wood in ECOWAS

The ECOWAS wood kitchenware and tableware market totaled $X in 2022, remaining constant against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Tableware And Kitchenware Of Wood in ECOWAS

In value terms, wood kitchenware and tableware production expanded slightly to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Tableware And Kitchenware Of Wood

Exports in ECOWAS

After three years of growth, shipments abroad of tableware and kitchenware of wood decreased by X% to X tons in 2022. Overall, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, wood kitchenware and tableware exports plummeted to $X in 2022. In general, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

In 2022, Ghana (X tons) and Gambia (X tons) were the major exporters of tableware and kitchenware of wood in ECOWAS, together amounting to near X% of total exports. Senegal (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Mali (X%) and Cote d'Ivoire (X%). The following exporters - Guinea (X tons) and Sierra Leone (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Gambia ($X), Senegal ($X) and Ghana ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Senegal, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in ECOWAS amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a slight increase. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Imports of Tableware And Kitchenware Of Wood

Imports in ECOWAS

After three years of growth, overseas purchases of tableware and kitchenware of wood decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, wood kitchenware and tableware imports dropped to $X in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced modestly in the following year.

Imports by Country

The countries with the highest levels of wood kitchenware and tableware imports in 2022 were Cote d'Ivoire (X tons), Senegal (X tons), Nigeria (X tons), Ghana (X tons) and Burkina Faso (X tons), together amounting to X% of total import. Cabo Verde (X tons) and Benin (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood kitchenware and tableware importing markets in ECOWAS were Ghana ($X), Cote d'Ivoire ($X) and Nigeria ($X), with a combined X% share of total imports. Senegal, Burkina Faso, Cabo Verde and Benin lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Burkina Faso, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 Benin (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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