ECOWAS: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports in ECOWAS

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were exported in ECOWAS; picking up by X% against the previous year's figure. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china shrank modestly to $X in 2022. In general, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

In 2022, Nigeria (X units) represented the main exporter of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, comprising X% of total exports. It was distantly followed by Togo (X units), making up a X% share of total exports. Ghana (X units), Cote d'Ivoire (X units), Sierra Leone (X units) and Senegal (X units) took a relatively small share of total exports.

Exports from Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Sierra Leone (X%) and Senegal (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, Togo (X%), Cote d'Ivoire (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 Cote d'Ivoire, Togo and Ghana saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) remains the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Togo ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

From 2012 to 2022, 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: Togo (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then declined modestly in the following year.

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 Senegal ($X per unit), while Sierra Leone ($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.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports in ECOWAS

In 2022, purchases abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by X% to X units, falling for the third consecutive year after four years of growth. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Nigeria (X units) represented the key importer of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, constituting X% of total imports. It was distantly followed by Ghana (X units), Cote d'Ivoire (X units) and Senegal (X units), together comprising a X% share of total imports. Guinea (X units), Mali (X units) and Togo (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china imports into Nigeria stood at X%. At the same time, Mali (X%), Ghana (X%), Cote d'Ivoire (X%), Senegal (X%), Togo (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Nigeria (X p.p.), Ghana (X p.p.) and Mali (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Togo (X p.p.), Senegal (X p.p.) and Guinea (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In terms of the main importing countries, Ghana, with a CAGR of X%, saw the highest rates of growth with regard to 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 unit, growing by X% against the previous year. In general, the import price posted a perceptible expansion. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :