ECOWAS: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in ECOWAS

The ECOWAS plastic shutters and blinds market shrank to $X in 2022, falling by X% against the previous year. Over the period under review, consumption posted a strong increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Plastic Shutters And Blinds in ECOWAS

In value terms, plastic shutters and blinds production dropped to $X in 2022 estimated in export price. In general, production, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Plastic Shutters And Blinds

Exports in ECOWAS

After three years of decline, shipments abroad of plastic shutters and blinds increased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports skyrocketed to $X in 2022. Overall, exports enjoyed a temperate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Senegal dominates exports structure, accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X units), Ghana (X units) and Sierra Leone (X units), together making up a X% share of total exports.

Senegal experienced a relatively flat trend pattern with regard to volume of exports of plastic shutters and blinds. At the same time, Sierra Leone (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Sierra Leone (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) emerged as the largest plastic shutters and blinds supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Senegal, plastic shutters and blinds exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastic Shutters And Blinds

Imports in ECOWAS

For the third consecutive year, ECOWAS recorded growth in supplies from abroad of plastic shutters and blinds, which increased by X% to X units in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, plastic shutters and blinds imports stood at $X in 2022. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Nigeria (X units), Senegal (X units) and Ghana (X units) represented roughly X% of total imports in 2022. It was distantly followed by Cote d'Ivoire (X units), making up a X% share of total imports. The following importers - Burkina Faso (X units), Guinea (X units) and Liberia (X units) - together made up X% of total imports.

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

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

In terms of the main importing countries, Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, reducing by X% against the previous year. Overall, the import price showed a noticeable reduction. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Liberia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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