Western Africa: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Western Africa

The West African manicure or pedicure preparations market shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Manicure Or Pedicure Preparations in Western Africa

In value terms, manicure or pedicure preparations production fell slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports in Western Africa

In 2022, overseas shipments of manicure or pedicure preparations increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, exports recorded a temperate expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Nigeria (X tons) and Cote d'Ivoire (X tons) was the major exporter of manicure or pedicure preparations in Western Africa, making up X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Nigeria (with a CAGR of X%).

In value terms, Cote d'Ivoire ($X) remains the largest manicure or pedicure preparations supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire amounted to X%.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat 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 Cote d'Ivoire ($X per ton), while Nigeria amounted to $X per ton.

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

Imports of Manicure Or Pedicure Preparations

Imports in Western Africa

In 2022, purchases abroad of manicure or pedicure preparations increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports expanded notably to $X in 2022. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Senegal was the main importer of manicure or pedicure preparations in Western Africa, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Benin (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Cabo Verde (X%), Mauritania (X%), Cote d'Ivoire (X%), Burkina Faso (X%) and Ghana (X%).

From 2012 to 2022, average annual rates of growth with regard to manicure or pedicure preparations imports into Senegal stood at X%. At the same time, Benin (X%), Mauritania (X%), Cabo Verde (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Burkina Faso (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Benin, Mauritania, Cabo Verde and Cote d'Ivoire increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X), Ghana ($X) and Cabo Verde ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Senegal, Benin, Burkina Faso and Mauritania lagged somewhat behind, together comprising a further X%.

Benin, 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, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 Ghana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform