Western Africa: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Western Africa

The West African market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank rapidly to $X in 2020, which is down by -X% against the previous year. Over the period under review, consumption, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Western Africa

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses shrank sharply to $X in 2020 estimated in export prices. In general, production continues to indicate perceptible growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2019, and then declined remarkably in the following year.

Production By Country in Western Africa

The country with the largest volume of production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses was Gambia (X square meters), accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Gambia totaled +X%.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports in Western Africa

In 2020, shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters for the first time since 2017, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted rapidly to $X in 2020. In general, exports recorded a modest expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. As a result, exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

In 2020, Nigeria (X square meters) was the largest exporter of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, generating X% of total exports. Burkina Faso (X square meters) took a X% share (based on tons) of total exports, which put it in second place, followed by Niger (X%). Cote d'Ivoire (X square meters) and Ghana (X square meters) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Burkina Faso, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplying countries in Western Africa were Burkina Faso ($X), Nigeria ($X) and Ghana ($X), with a combined X% share of total exports.

Burkina Faso recorded 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 2020, the export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa amounted to $X per square meter, which is down by -X% against the previous year. Over the period under review, the export price, however, showed notable growth. The pace of growth was the most pronounced in 2016 when the export price increased by X% year-to-year. Over the period under review, export prices attained the maximum at $X per square meter in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Ghana ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced mixed trends in the export price figures.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports in Western Africa

In 2020, approx. X square meters of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were imported in Western Africa; waning by -X% against 2019 figures. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X square meters in 2019, and then dropped dramatically in the following year.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses fell sharply to $X in 2020. Total imports indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Nigeria (X square meters) and Ghana (X square meters) were the largest importers of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa, together comprising X% of total imports. It was distantly followed by Cote d'Ivoire (X square meters), generating a X% share of total imports. Senegal (X square meters) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Nigeria, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels importing markets in Western Africa were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports.

Ghana saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in Western Africa amounted to $X per square meter, shrinking by -X% against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Cote d'Ivoire ($X per square meter) and Senegal ($X per square meter), while Nigeria ($X per square meter) and Ghana ($X per square meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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