ECOWAS: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in ECOWAS

The ECOWAS market for non-PVC floor, wall and ceiling coverings expanded rapidly to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, enjoyed prominent growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Production of Non-PVC Floor, Wall and Ceiling Coverings in ECOWAS

In value terms, production of non-PVC floor, wall and ceiling coverings shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports in ECOWAS

In 2022, the amount of non-PVC floor, wall and ceiling coverings exported in ECOWAS contracted remarkably to X square meters, waning by X% compared with 2021. Overall, exports, however, showed noticeable growth. The most prominent rate of growth was recorded 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 somewhat lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings declined dramatically to $X in 2022. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Ghana was the largest exporting country with an export of around X square meters, which accounted for X% of total exports. Nigeria (X square meters) took the second position in the ranking, distantly followed by Burkina Faso (X square meters), Senegal (X square meters) and Togo (X square meters). All these countries together held near X% share of total exports. Cote d'Ivoire (X square meters) took a relatively small share of total exports.

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

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

In Ghana, exports of non-PVC floor, wall and ceiling coverings 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: Senegal (X% per year) and Nigeria (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. In general, the export price posted a tangible increase. Over the period under review, the export prices hit record highs at $X per square meter in 2016; however, from 2017 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 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 a decline in the export price figures.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports in ECOWAS

For the fifth consecutive year, ECOWAS recorded growth in supplies from abroad of non-PVC floor, wall and ceiling coverings, which increased by X% to X square meters in 2022. Total imports indicated a measured expansion 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 increased by X% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of non-PVC floor, wall and ceiling coverings reduced to $X in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Senegal represented the largest importing country with an import of around X square meters, which resulted at X% of total imports. Ghana (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Niger (X%), Togo (X%), Burkina Faso (X%) and Nigeria (X%). Cote d'Ivoire (X square meters) held a little share of total imports.

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

In value terms, Ghana ($X) constitutes the largest market for imported non-PVC floor, wall and ceiling coverings in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports. 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 totaled X%. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per square meter in 2022, dropping by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price 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, import price for non-PVC floor, wall and ceiling coverings decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 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 more modest paces of growth.

Source: IndexBox Platform

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