ECOWAS: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in ECOWAS

For the third consecutive year, ECOWAS recorded decline in overseas shipments of floor, wall or ceiling coverings of plastics, which decreased by X% to X square meters in 2022. Over the period under review, exports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X square meters. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics dropped rapidly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

In 2022, Nigeria (X square meters) and Ghana (X square meters) were the major exporters of floor, wall or ceiling coverings of plastics in ECOWAS, together finishing at approx. X% of total exports. Senegal (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Liberia (X%), Burkina Faso (X%) and Cote d'Ivoire (X%). Togo (X square meters) held a relatively small share of total exports.

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

In value terms, Ghana ($X) emerged as the largest plastic floor, wall and ceiling coverings supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Liberia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Ghana totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Liberia (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per square meter, surging by X% against the previous year. Overall, the export price, however, showed a slight descent. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 ($X per square meter), while Burkina Faso ($X per square meter) 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 more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in ECOWAS

In 2022, overseas purchases of floor, wall or ceiling coverings of plastics decreased by X% to X square meters, falling for the second consecutive year after three years of growth. Total imports indicated a modest increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of floor, wall or ceiling coverings of plastics declined modestly to $X in 2022. Total imports indicated perceptible 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ghana (X square meters) and Nigeria (X square meters) represented roughly X% of total imports in 2022. Senegal (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Niger (X%), Liberia (X%) and Guinea (X%). Sierra Leone (X square meters) followed a long way behind the leaders.

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

In value terms, Ghana ($X) constitutes the largest market for imported floor, wall or ceiling coverings of plastics in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Guinea, with an X% share.

In Ghana, imports of floor, wall or ceiling coverings of plastics expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Guinea (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per square meter; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per square meter), while Niger ($X per square meter) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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