ECOWAS: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in ECOWAS

The ECOWAS personal anti-perspirants market amounted to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Personal Anti-Perspirants Production in ECOWAS

In value terms, personal anti-perspirants production dropped to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Personal Anti-Perspirants Exports

Exports in ECOWAS

In 2022, the amount of personal deodorants and anti-perspirants exported in ECOWAS declined sharply to X tons, reducing by X% on the previous year's figure. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, personal anti-perspirants exports contracted sharply to $X in 2022. Over the period under review, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire represented the key exporter of personal deodorants and anti-perspirants in ECOWAS, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Ghana (X tons) ranks second in terms of the total exports with an X% share, followed by Sierra Leone (X%) and Nigeria (X%).

From 2012 to 2022, average annual rates of growth with regard to personal anti-perspirants exports from Cote d'Ivoire stood at X%. At the same time, Ghana (X%), Sierra Leone (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Ghana and Sierra Leone increased by X and X percentage points, respectively.

In value terms, Cote d'Ivoire ($X) remains the largest personal anti-perspirants supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Sierra Leone ($X), with an X% share of total exports. It was followed by Ghana, with an X% share.

In Cote d'Ivoire, personal anti-perspirants exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sierra Leone (X% per year) and Ghana (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 Sierra Leone ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (X%), while the other leaders experienced a decline in the export price figures.

Personal Anti-Perspirants Imports

Imports in ECOWAS

In 2022, approx. X tons of personal deodorants and anti-perspirants were imported in ECOWAS; growing by X% compared with the previous year. In general, imports showed a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, personal anti-perspirants imports declined slightly to $X in 2022. Total imports indicated notable 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 increased by X% against 2015 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell modestly in the following year.

Imports by Country

Ghana (X tons) and Nigeria (X tons) were the main importers of personal deodorants and anti-perspirants in 2022, amounting to approx. X% and X% of total imports, respectively. Gambia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%) and Senegal (X%). The following importers - Guinea (X tons) and Burkina Faso (X tons) - together made up X% of total imports.

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

In value terms, Ghana ($X) constitutes the largest market for imported personal deodorants and anti-perspirants in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with an X% share.

In Ghana, personal anti-perspirants imports 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 Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per ton), while Burkina Faso ($X per ton) 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 import price figures.

Source: IndexBox Platform