ECOWAS: Ceramic Sanitary Ware Market 2024

Ceramic Sanitary Ware Exports

Exports in ECOWAS

In 2022, the amount of ceramic sinks, baths, water closet pans and similar sanitary fixtures exported in ECOWAS shrank to X units, falling by X% against 2021 figures. Overall, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ceramic sanitary ware exports rose to $X in 2022. In general, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Ghana was the largest exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Senegal (X units), Nigeria (X units) and Cote d'Ivoire (X units), together achieving a X% share of total exports. The following exporters - Mali (X units), Togo (X units) and Benin (X units) - each amounted to a X% share of total exports.

Exports from Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%), Nigeria (X%), Benin (X%), Mali (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Togo (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Cote d'Ivoire and Nigeria increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) remains the largest ceramic sanitary ware supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

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

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, showed a perceptible descent. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Benin ($X per unit) was amongst the lowest.

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

Ceramic Sanitary Ware Imports

Imports in ECOWAS

After two years of growth, purchases abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures decreased by X% to X units in 2022. Overall, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ceramic sanitary ware imports declined to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Liberia (X units), Ghana (X units), Benin (X units), Guinea-Bissau (X units), Senegal (X units), Nigeria (X units), Cabo Verde (X units), Burkina Faso (X units), Cote d'Ivoire (X units), Gambia (X units), Togo (X units) and Mali (X units) was the key importer of ceramic sinks, baths, water closet pans and similar sanitary fixtures in ECOWAS, achieving X% of total import.

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

In value terms, Senegal ($X), Benin ($X) and Liberia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Guinea-Bissau, Togo, Cote d'Ivoire, Ghana, Burkina Faso, Cabo Verde, Nigeria, Mali and Gambia lagged somewhat behind, together accounting for a further X%.

Guinea-Bissau, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 unit in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Togo ($X per unit), while Gambia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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