Western Africa: Market for Tailor Dummies And Automata 2024

Exports of Tailor Dummies And Automata

Exports in Western Africa

In 2022, the amount of tailor dummies and automata exported in Western Africa stood at X tons, picking up by X% compared with the previous year's figure. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, tailor dummies and automata exports dropped significantly to $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. Togo (X tons) held the second position in the ranking, followed by Ghana (X kg). All these countries together took approx. X% share of total exports. Senegal (X kg) held a relatively small share of total exports.

Nigeria was also the fastest-growing in terms of the tailor dummies and automata exports, with a CAGR of X% from 2012 to 2022. At the same time, Togo (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. While the share of Nigeria (X p.p.) and Togo (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ghana (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) remains the largest tailor dummies and automata supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports. It was followed by Togo, with an X% share.

In Nigeria, tailor dummies and automata exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Togo (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a deep setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 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 Ghana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Imports of Tailor Dummies And Automata

Imports in Western Africa

In 2022, the amount of tailor dummies and automata imported in Western Africa expanded rapidly to X tons, with an increase of X% against 2021 figures. Total imports indicated pronounced growth from 2012 to 2022: its volume 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 growth pace was the most rapid in 2020 when imports increased by X% against the previous year. 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, tailor dummies and automata imports skyrocketed to $X in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by Togo (X tons), Ghana (X tons), Senegal (X tons), Cote d'Ivoire (X tons) and Burkina Faso (X tons) represented the largest importers of tailor dummies and automata, together constituting X% of total imports. Guinea (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported tailor dummies and automata in Western Africa, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with an X% share of total imports. It was followed by Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana stood at X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Guinea (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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