Western Africa: Skates Market 2024

Skates Market Size in Western Africa

The West African skates market was estimated at $X in 2022, approximately mirroring the previous year. The total consumption indicated tangible 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Skates Production in Western Africa

In value terms, skates production stood at $X in 2022 estimated in export price. The total production indicated a tangible expansion 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 most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Skates Exports

Exports in Western Africa

Skates exports soared to X pairs in 2022, rising by X% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X pairs. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, skates exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Mali was the key exporter of ice skates and roller skates in Western Africa, with the volume of exports accounting for X pairs, which was approx. X% of total exports in 2022. Benin (X pairs) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Burkina Faso (X%) and Senegal (X%).

Exports from Mali increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X.6%), Senegal (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X.6% from 2012-2022. From 2012 to 2022, the share of Mali and Benin increased by X and X percentage points, respectively.

In value terms, Mali ($X) remains the largest skates supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports. It was followed by Burkina Faso, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mali stood at X%. In the other countries, the average annual rates were as follows: Benin (X.2% per year) and Burkina Faso (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per pair in 2022, reducing by X% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per pair in 2012; however, from 2013 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 Mali ($X per pair), while Benin ($X per pair) was amongst the lowest.

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

Skates Imports

Imports in Western Africa

In 2022, approx. X pairs of ice skates and roller skates were imported in Western Africa; picking up by X% on the year before. In general, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, skates imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of ice skates and roller skates, namely Cote d'Ivoire, Nigeria and Benin, represented more than two-thirds of total import. It was distantly followed by Senegal (X pairs), comprising a X% share of total imports. The following importers - Cabo Verde (X pairs), Mauritania (X pairs) and Guinea (X pairs) - 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 Senegal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Benin ($X), Cote d'Ivoire ($X) and Senegal ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Senegal, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Western Africa stood at $X per pair in 2022, declining by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per pair. From 2014 to 2022, the import prices failed to regain momentum.

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 Benin ($X per pair), while Nigeria ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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