ECOWAS: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in ECOWAS

The ECOWAS multiple-walled insulating glass unit market fell to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Multiple-Walled Insulating Units Of Glass in ECOWAS

In value terms, multiple-walled insulating glass unit production fell to $X in 2022 estimated in export price. Overall, production saw a mild decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports in ECOWAS

For the third year in a row, ECOWAS recorded growth in overseas shipments of multiple-walled insulating units of glass, which increased by X% to X square meters in 2022. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit exports rose to $X in 2022. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Togo was the largest exporter of multiple-walled insulating units of glass in ECOWAS, with the volume of exports amounting to X square meters, which was approx. X% of total exports in 2022. Senegal (X square meters) ranks second in terms of the total exports with a X% share, followed by Burkina Faso (X%). Nigeria (X square meters) followed a long way behind the leaders.

Togo was also the fastest-growing in terms of the multiple-walled insulating units of glass exports, with a CAGR of X% from 2012 to 2022. At the same time, Senegal (X%), Burkina Faso (X%) and Nigeria (X%) displayed positive paces of growth. From 2012 to 2022, the share of Togo and Senegal increased by X and X percentage points, respectively.

In value terms, the largest multiple-walled insulating glass unit supplying countries in ECOWAS were Togo ($X), Senegal ($X) and Burkina Faso ($X), together accounting for X% of total exports.

Senegal, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per square meter in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while Togo ($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 Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in ECOWAS

Multiple-walled insulating glass unit imports contracted markedly to X square meters in 2022, which is down by X% compared with 2021 figures. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters, and then declined dramatically in the following year.

In value terms, multiple-walled insulating glass unit imports dropped notably to $X in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

The purchases of the four major importers of multiple-walled insulating units of glass, namely Benin, Cote d'Ivoire, Senegal and Nigeria, represented more than two-thirds of total import. Ghana (X square meters) held the next position in the ranking, followed by Togo (X square meters) and Guinea (X square meters). All these countries together held approx. X% share of total imports.

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

In value terms, Benin ($X), Cote d'Ivoire ($X) and Senegal ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Cote d'Ivoire, 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 square meter in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per square meter, and then dropped remarkably in the following year.

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 ($X per square meter), while Togo ($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.

Source: IndexBox Platform

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