ECOWAS: Billiard Accessoires Market 2024

Billiard Accessoires Exports

Exports in ECOWAS

In 2022, shipments abroad of articles and accessories for billiards increased by X% to X kg, rising for the third year in a row after two years of decline. In general, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, billiard accessoires exports declined rapidly to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria represented the key exporter of articles and accessories for billiards in ECOWAS, with the volume of exports accounting for X kg, which was approx. X% of total exports in 2022. Sierra Leone (X kg) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%), Cote d'Ivoire (X%) and Senegal (X%).

Exports from Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Sierra Leone (X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%), Senegal (X%) and Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Sierra Leone (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal and Ghana saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sierra Leone ($X) emerged as the largest billiard accessoires supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

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

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced mixed trends in the export price figures.

Billiard Accessoires Imports

Imports in ECOWAS

Billiard accessoires imports rose modestly to X tons in 2022, surging by X% against the year before. Overall, imports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, billiard accessoires imports rose sharply to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X tons) and Ghana (X tons) were the key importers of articles and accessories for billiards in ECOWAS, together recording approx. X% of total imports. Senegal (X tons) ranks next in terms of the total imports with a X% share, followed by Benin (X%). Niger (X tons), Cote d'Ivoire (X tons), Guinea (X tons), Togo (X tons), Cabo Verde (X tons) and Gambia (X tons) followed a long way behind the leaders.

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

In value terms, the largest billiard accessoires importing markets in ECOWAS were Nigeria ($X), Ghana ($X) and Benin ($X), with a combined X% share of total imports. Niger, Guinea, Togo, Cote d'Ivoire, Cabo Verde, Senegal and Gambia lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a temperate increase 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, billiard accessoires import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Benin ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform