Western Africa: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Western Africa

The West African chain scoops and sliders market rose to $X in 2022, picking up by X% against the previous year. The total consumption indicated a pronounced increase 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Western Africa

In value terms, chain scoops and sliders production reached $X in 2022 estimated in export price. The total production indicated a remarkable increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in Western Africa

After two years of growth, overseas shipments of chain scoops, sliders, runners, end pieces and narrow strips decreased by X% to X kg in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, chain scoops and sliders exports shrank to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Ghana (X kg) represented the largest exporter of chain scoops, sliders, runners, end pieces and narrow strips, comprising X% of total exports. It was distantly followed by Sierra Leone (X kg), generating a X% share of total exports.

Ghana was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips exports, with a CAGR of X% from 2012 to 2022. At the same time, Sierra Leone (X%) displayed positive paces of growth. From 2012 to 2022, the share of Ghana increased by X percentage points.

In value terms, Ghana ($X) remains the largest chain scoops and sliders supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Sierra Leone ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to X%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated a temperate expansion 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, chain scoops and sliders export price decreased by X% against 2018 indices. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in Western Africa

In 2022, after four years of growth, there was significant decline in purchases abroad of chain scoops, sliders, runners, end pieces and narrow strips, when their volume decreased by X% to X tons. In general, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced dramatically in the following year.

In value terms, chain scoops and sliders imports reduced rapidly to $X in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Cote d'Ivoire represented the main importer of chain scoops, sliders, runners, end pieces and narrow strips in Western Africa, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Nigeria (X tons) took the second position in the ranking, followed by Ghana (X tons) and Senegal (X tons). All these countries together took approx. X% share of total imports. Burkina Faso (X tons) held a little share of total imports.

Imports into Cote d'Ivoire increased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Ghana (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Ghana (X p.p.), Senegal (X p.p.) and Burkina Faso (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics.

In value terms, the largest chain scoops and sliders importing markets in Western Africa were Ghana ($X), Cote d'Ivoire ($X) and Nigeria ($X), together comprising X% of total imports. Senegal and Burkina Faso lagged somewhat behind, together comprising a further X%.

Senegal, with a CAGR of X%, saw 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

In 2022, the import price in Western Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 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 ($X per ton), while Senegal ($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

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