Western Africa: Market for PVC Floor, Wall and Ceiling Coverings 2024

Exports of PVC Floor, Wall and Ceiling Coverings

Exports in Western Africa

In 2022, the amount of PVC floor, wall and ceiling coverings exported in Western Africa skyrocketed to X square meters, with an increase of X% against the previous year's figure. Overall, exports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of PVC floor, wall and ceiling coverings reduced notably to $X in 2022. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Nigeria (X square meters) was the major exporter of PVC floor, wall and ceiling coverings, committing X% of total exports. It was distantly followed by Liberia (X square meters) and Cote d'Ivoire (X square meters), together constituting a X% share of total exports. The following exporters - Senegal (X square meters) and Sierra Leone (X square meters) - each reached a X% share of total exports.

Exports from Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%), Senegal (X%) and Liberia (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Sierra Leone (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Liberia (X p.p.), Cote d'Ivoire (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total exports, while Sierra Leone saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest PVC floor, wall and ceiling coverings supplying countries in Western Africa were Liberia ($X), Cote d'Ivoire ($X) and Nigeria ($X), together comprising X% of total exports.

Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the export price in Western Africa amounted to $X per square meter, dropping by X% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood 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 Senegal ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

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

Imports of PVC Floor, Wall and Ceiling Coverings

Imports in Western Africa

In 2022, supplies from abroad of PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the second consecutive year after three years of growth. In general, imports, however, recorded mild growth. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of import peaked at X square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings expanded slightly to $X in 2022. Total imports indicated slight 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Ghana (X square meters) and Nigeria (X square meters) represented the key importers of PVC floor, wall and ceiling coverings in 2022, finishing at near X% and X% of total imports, respectively. Liberia (X square meters) ranks next in terms of the total imports with a X% share, followed by Guinea (X%) and Sierra Leone (X%). The following importers - Niger (X square meters) and Mauritania (X square meters) - each reached a X% share 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 Mauritania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported PVC floor, wall and ceiling coverings in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by Guinea, with an X% share.

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

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the peak figure at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per square meter), while Mauritania ($X per square meter) 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 a decline in the import price figures.

Source: IndexBox Platform

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