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Report ECOWAS - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

ECOWAS - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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ECOWAS: Noils Of Wool Market 2024

Noils Of Wool Market Size in ECOWAS

The ECOWAS noils of wool market amounted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption showed resilient growth. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Noils Of Wool Production in ECOWAS

In value terms, noils of wool production declined modestly to $X in 2022 estimated in export price. In general, production saw a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

Noils Of Wool Exports

Exports in ECOWAS

Noils of wool exports dropped rapidly to X kg in 2017, waning by X% on the previous year. Overall, exports continue to indicate a sharp downturn. The volume of export peaked at X kg in 2016, and then contracted significantly in the following year.

In value terms, noils of wool exports reduced rapidly to $X in 2017. In general, exports continue to indicate a dramatic descent. Over the period under review, the exports hit record highs at $X in 2016, and then fell markedly in the following year.

Exports by Country

Nigeria prevails in exports structure, reaching X kg, which was near X% of total exports in 2017. It was distantly followed by Ghana (X kg), generating a X% share of total exports.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of noils of wool or fine animal hair. Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by X% from 2016 to 2017, respectively.

In value terms, Nigeria ($X) emerged as the largest noils of wool supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.

From 2016 to 2017, the average annual rate of growth in terms of value in Nigeria was relatively modest.

Export Prices by Country

In 2017, the export price in ECOWAS amounted to $X per ton, dropping by X% against the previous year. In general, the export price faced a precipitous decline. Over the period under review, the export prices attained the maximum at $X per ton in 2016, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2017, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Nigeria totaled $X per ton.

From 2016 to 2017, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Noils Of Wool Imports

Imports in ECOWAS

For the third year in a row, ECOWAS recorded growth in supplies from abroad of noils of wool or fine animal hair, which increased by X% to X tons in 2021. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, noils of wool imports surged to $X in 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of noils of wool imports in 2021 were Burkina Faso (X tons), together accounting for X% of total import.

Burkina Faso experienced a relatively flat trend pattern with regard to volume of imports of noils of wool or fine animal hair. While the share of Burkina Faso (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Burkina Faso ($X) constitutes the largest market for imported noils of wool or fine animal hair in ECOWAS.

In Burkina Faso, noils of wool imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2021, dropping by X% against the previous year. In general, the import price saw a significant curtailment. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Burkina Faso.

From 2012 to 2021, the rate of growth in terms of prices for Burkina Faso amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Nigeria remains the largest noils of wool consuming country in ECOWAS, accounting for 64% of total volume. Moreover, noils of wool consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Niger, eightfold. Cote d'Ivoire ranked third in terms of total consumption with a 7% share.
Nigeria remains the largest noils of wool producing country in ECOWAS, accounting for 65% of total volume. Moreover, noils of wool production in Nigeria exceeded the figures recorded by the second-largest producer, Niger, ninefold. The third position in this ranking was taken by Cote d'Ivoire, with a 6.8% share.
In value terms, Nigeria $246) emerged as the largest noils of wool supplier in ECOWAS, comprising 81% of total exports. The second position in the ranking was held by Ghana $59), with a 19% share of total exports.
In value terms, Burkina Faso constitutes the largest market for imported noils of wool or fine animal hair in ECOWAS.
In 2017, the export price in ECOWAS amounted to $681 per ton, declining by -77.5% against the previous year.
The import price in ECOWAS stood at $902 per ton in 2021, dropping by -79.1% against the previous year.

This report provides an in-depth analysis of the noils of wool market in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13102300 - Noils of wool or fine animal hair

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in ECOWAS, split by region and country
  • Trade (exports and imports) in ECOWAS
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Niger
    • Nigeria
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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