ECOWAS - Textile Wall Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Textile Wall Covering Market 2024
Textile Wall Covering Market Size in ECOWAS
The ECOWAS textile wall covering market dropped sharply to $X in 2023, waning by X% against the previous year. Overall, consumption, however, continues to indicate mild growth. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.
Textile Wall Covering Production in ECOWAS
In value terms, textile wall covering production shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.
Textile Wall Covering Exports
Exports in ECOWAS
After two years of growth, shipments abroad of textile wall coverings decreased by X% to X square meters in 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X square meters. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, textile wall covering exports reduced to $X in 2023. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Ghana represented the major exporting country with an export of about X square meters, which accounted for X% of total exports. It was distantly followed by Nigeria (X square meters), making up a X% share of total exports.
Ghana was also the fastest-growing in terms of the textile wall coverings exports, with a CAGR of X% from 2012 to 2023. Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ghana increased by X percentage points.
In value terms, Ghana ($X) remains the largest textile wall covering supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.
In Ghana, textile wall covering exports expanded at an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
The export price in ECOWAS stood at $X per square meter in 2023, with an increase of X% against the previous year. Overall, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while Ghana stood at $X per square meter.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%).
Textile Wall Covering Imports
Imports in ECOWAS
In 2023, textile wall covering imports in ECOWAS declined remarkably to X square meters, which is down by X% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X%. The volume of import peaked at X square meters in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, textile wall covering imports declined remarkably to $X in 2023. Over the period under review, imports, however, saw a slight increase. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then fell sharply in the following year.
Imports by Country
Nigeria dominates imports structure, resulting at X square meters, which was approx. X% of total imports in 2023. Mali (X square meters) took the second position in the ranking, followed by Cote d'Ivoire (X square meters), Senegal (X square meters) and Ghana (X square meters). All these countries together took approx. X% share of total imports. The following importers - Cabo Verde (X square meters) and Sierra Leone (X square meters) - each amounted to a X% share of total imports.
From 2012 to 2023, average annual rates of growth with regard to textile wall covering imports into Nigeria stood at X%. At the same time, Sierra Leone (X%), Cabo Verde (X%), Ghana (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Mali (X%) and Senegal (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Sierra Leone (X p.p.), Ghana (X p.p.), Cabo Verde (X p.p.) and Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total imports, while Mali and Senegal saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported textile wall coverings in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Mali, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Mali (X% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per square meter in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2016 to 2023, the import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per square meter), while Ghana ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the textile wall covering market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 17241200 - Textile wall coverings
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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