Report Western Africa - Particle Board - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Particle Board Market 2022

Particle Board Market Size in Western Africa

In 2021, after three years of growth, there was significant decline in the West African particle board market, when its value decreased by -X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then dropped remarkably in the following year.

Particle Board Production in Western Africa

In value terms, particle board production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Particle Board Exports

Exports in Western Africa

In 2021, overseas shipments of particle boards were finally on the rise to reach X cubic meters after two years of decline. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, particle board exports reduced slightly to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cote d'Ivoire represented the main exporting country with an export of around X cubic meters, which amounted to X% of total exports. Nigeria (X cubic meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Gambia (X%).

Cote d'Ivoire experienced a relatively flat trend pattern with regard to volume of exports of particle boards. At the same time, Nigeria (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of +X% from 2012-2021. Gambia experienced a relatively flat trend pattern. percentage points. Cote d'Ivoire (-X p.p.) and Gambia (-X p.p.) saw their shares reduced.

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

From 2012 to 2021, the average annual growth rate of value in Cote d'Ivoire was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (+X% per year) and Gambia (-X% per year).

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per cubic meter, reducing by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2021, the the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Cote d'Ivoire ($X per cubic meter), while Gambia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-X%), while the other leaders experienced a decline in the export price figures.

Particle Board Imports

Imports in Western Africa

In 2021, after three years of growth, there was significant decline in supplies from abroad of particle boards, when their volume decreased by -X% to X cubic meters. Over the period under review, imports saw a slight descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X cubic meters in 2020, and then dropped dramatically in the following year.

In value terms, particle board imports fell rapidly to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020, and then declined significantly in the following year.

Imports by Country

Nigeria (X cubic meters) and Ghana (X cubic meters) were the main importers of particle boards in 2021, reaching near X% and X% of total imports, respectively. Cabo Verde (X cubic meters) ranks next in terms of the total imports with a X% share, followed by Mauritania (X%), Cote d'Ivoire (X%) and Senegal (X%). Togo (X cubic meters) took a minor share of total imports.

From 2012 to 2021, the biggest increases were in Ghana (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

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

In Nigeria, particle board imports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (+X% per year) and Cabo Verde (+X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per cubic meter in 2021, rising by X% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Togo ($X per cubic meter), while Ghana ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for particle boards in Western Africa?
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Nigeria remains the largest particle board consuming country in Western Africa, comprising approx. 61% of total volume. Moreover, particle board consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, threefold. Cote d'Ivoire ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of particle boards in Western Africa?
+
The country with the largest volume of particle board production was Nigeria, accounting for 72% of total volume. Moreover, particle board production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, fivefold.
What are the leading exporters of particle boards in Western Africa?
+
In value terms, Cote d'Ivoire remains the largest particle board supplier in Western Africa, comprising 88% of total exports. The second position in the ranking was taken by Nigeria, with a 9.4% share of total exports.
What are the leading importers of particle boards in Western Africa?
+
In value terms, Nigeria constitutes the largest market for imported particle boards in Western Africa, comprising 40% of total imports. The second position in the ranking was held by Ghana, with a 17% share of total imports. It was followed by Cabo Verde, with a 13% share.
What is the average export price for particle boards in Western Africa?
+
The export price in Western Africa stood at $637 per cubic meter in 2021, dropping by -3.1% against the previous year.
What is the average import price for particle boards in Western Africa?
+
In 2021, the import price in Western Africa amounted to $339 per cubic meter, picking up by 27% against the previous year.

This report provides an in-depth analysis of the particle board market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 1697 - Particle board
• FCL 1606 - OSB
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Western Africa, split by region and country
• Trade (exports and imports) in Western Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Benin
• Burkina Faso
• Cabo Verde
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• Niger
• Nigeria
• Saint Helena, Ascension and Tristan da Cunha
• Senegal
• Sierra Leone
• Togo
• Cote d'Ivoire
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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