Ghana: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2023

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Ghana

The Ghanian market for bed linen of other woven textiles and non-woven man-made fibres skyrocketed to $X in 2021, surging by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed temperate growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports from Ghana

In 2021, after two years of growth, there was significant decline in overseas shipments of bed linen of other woven textiles and non-woven man-made fibres, when their volume decreased by -88.4% to X kg. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by 353%. The exports peaked at X tons in 2020, and then declined sharply in the following year.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres shrank dramatically to $X in 2021. In general, exports showed a slight reduction. The pace of growth was the most pronounced in 2013 when exports increased by 171% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for exports of bed linen of other woven textiles and non-woven man-made fibres from Ghana, with a 94% share of total exports. Moreover, exports of bed linen of other woven textiles and non-woven man-made fibres to Cote d'Ivoire exceeded the volume sent to the second major destination, Burkina Faso (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire amounted to +71.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-8.4% per year) and Angola (-55.5% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for bed linen of other woven textiles and non-woven man-made fibres exports from Ghana, comprising 96% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 1.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire stood at +65.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-10.3% per year) and Angola (-57.1% per year).

Export Prices by Country

The average export price for bed linen of other woven textiles and non-woven man-made fibres stood at $X per ton in 2021, surging by 113% against the previous year. In general, the export price continues to indicate notable growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 318% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+31.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports into Ghana

Imports of bed linen of other woven textiles and non-woven man-made fibres into Ghana surged to X tons in 2021, picking up by 27% compared with the previous year. Overall, imports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2016 when imports increased by 76% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres surged to $X in 2021. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 121%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) was the main bed linen of other woven textiles and non-woven man-made fibres supplier to Ghana, with a 98% share of total imports. It was followed by South Africa (X tons), with a 0.9% share of total imports. The third position in this ranking was taken by Pakistan (X tons), with a 0.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-1.9% per year) and Pakistan (-16.3% per year).

In value terms, China ($X) constituted the largest supplier of bed linen of other woven textiles and non-woven man-made fibres to Ghana, comprising 97% of total imports. The second position in the ranking was held by South Africa ($X), with a 1.5% share of total imports. It was followed by Pakistan, with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+8.4% per year) and Pakistan (-16.8% per year).

Import Prices by Country

In 2021, the average import price for bed linen of other woven textiles and non-woven man-made fibres amounted to $X per ton, with an increase of 8.2% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for bed linen of other woven textiles and non-woven man-made fibres increased by +16.5% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Africa ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :