Western Africa: Ball Market 2024

Ball Market Size in Western Africa

In 2022, the West African ball market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Ball Production in Western Africa

In value terms, ball production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Ball Exports

Exports in Western Africa

In 2022, the amount of balls exported in Western Africa soared to X units, jumping by X% on 2021. Overall, exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, ball exports dropped markedly to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal represented the main exporter of balls in Western Africa, with the volume of exports resulting at X units, which was near X% of total exports in 2022. Ghana (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Togo (X%). Nigeria (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) emerged as the largest ball supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Togo ($X), with a X% share of total exports. It was followed by Nigeria, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Ghana stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Togo (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 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 Nigeria ($X per unit), while Senegal (less than $X per unit) 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 more modest paces of growth.

Ball Imports

Imports in Western Africa

In 2022, supplies from abroad of balls decreased by X% to X units, falling for the third year in a row after three years of growth. Overall, imports, however, continue to indicate a mild increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ball imports dropped modestly to $X in 2022. The total import 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. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ghana was the key importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Guinea (X units), Nigeria (X units), Sierra Leone (X units) and Cote d'Ivoire (X units), together committing a X% share of total imports. Liberia (X units) and Gambia (X units) followed a long way behind the leaders.

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

In value terms, Ghana ($X), Guinea ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Nigeria, Sierra Leone, Liberia and Gambia lagged somewhat behind, together comprising a further X%.

Sierra Leone, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, 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 Cote d'Ivoire ($X per unit), while Gambia ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform

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