Western Africa: Mattress Market 2024

Mattress Market Size in Western Africa

The West African mattress market shrank to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, continues to indicate buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mattress Production in Western Africa

In value terms, mattress production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Mattress Exports

Exports in Western Africa

In 2022, the amount of mattresses exported in Western Africa soared to X units, jumping by X% compared with the year before. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, mattress exports contracted markedly to $X in 2022. Overall, exports showed perceptible growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal represented the main exporter of mattresses in Western Africa, with the volume of exports recording X units, which was approx. X% of total exports in 2022. Mali (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Togo (X%). Cote d'Ivoire (X units) and Nigeria (X units) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the mattresses exports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%), Togo (X%) and Mali (X%) displayed positive paces of growth. By contrast, Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Togo and Cote d'Ivoire increased by X, X and X percentage points, respectively.

In value terms, the largest mattress supplying countries in Western Africa were Senegal ($X), Mali ($X) and Togo ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price recorded a mild reduction. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Senegal ($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.

Mattress Imports

Imports in Western Africa

In 2022, after seven years of growth, there was decline in purchases abroad of mattresses, when their volume decreased by X% to X units. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of import peaked at X units in 2021, and then fell in the following year.

In value terms, mattress imports stood at $X in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Guinea (X units), distantly followed by Togo (X units), Ghana (X units), Burkina Faso (X units), Cote d'Ivoire (X units), Cabo Verde (X units), Mali (X units) and Sierra Leone (X units) represented the main importers of mattresses, together generating X% of total imports. Mauritania (X units) took a little share of total imports.

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

In value terms, the largest mattress importing markets in Western Africa were Guinea ($X), Togo ($X) and Burkina Faso ($X), together comprising X% of total imports.

Among the main importing countries, Togo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, rising by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritania ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform