Western Africa: Mannequin Market 2024

Mannequin Market Size in Western Africa

The West African mannequin market reached $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, saw a slight descent. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Mannequin Production in Western Africa

In value terms, mannequin production dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Mannequin Exports

Exports in Western Africa

In 2022, shipments abroad of mannequins increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports rose significantly to $X in 2022. Over the period under review, exports showed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Burkina Faso (X tons) was the major exporter of mannequins, generating X% of total exports. Mauritania (X tons) held the second position in the ranking, followed by Niger (X kg) and Nigeria (X kg). All these countries together took approx. X% share of total exports. Senegal (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mannequin exports from Burkina Faso stood at X%. At the same time, Niger (X%) and Mauritania (X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) and Senegal (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Burkina Faso, Niger and Mauritania increased by X, X and X percentage points, respectively.

In value terms, the largest mannequin supplying countries in Western Africa were Burkina Faso ($X), Nigeria ($X) and Niger ($X), together comprising X% of total exports.

Niger, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2020; however, from 2021 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 Nigeria ($X per ton), while Senegal ($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 more modest paces of growth.

Mannequin Imports

Imports in Western Africa

In 2022, approx. X tons of mannequins were imported in Western Africa; increasing by X% compared with 2021 figures. Overall, imports showed a notable expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mannequin imports soared to $X in 2022. In general, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Ghana (X tons) and Nigeria (X tons) prevails in imports structure, together mixing up X% of total imports. Benin (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (X%). Guinea (X tons) held a relatively small share of total imports.

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

In value terms, Ghana ($X) constitutes the largest market for imported mannequins in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Benin, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Benin (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 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 Guinea ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform