Report Update May 1, 2024

Western Africa - Tanned or Dressed Furskins - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Market for Tanned or Dressed Furskins 2024

Market Size for Tanned or Dressed Furskins in Western Africa

The West African tanned or dressed furskins market plummeted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption faced a dramatic decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Tanned or Dressed Furskins in Western Africa

In value terms, tanned or dressed furskins production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Exports of Tanned or Dressed Furskins

Exports in Western Africa

After four years of growth, overseas shipments of tanned or dressed furskins decreased by X% to X units in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, tanned or dressed furskins exports soared to $X in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Mali (X units) and Senegal (X units) represented the major exporters of tanned or dressed furskins in Western Africa, together reaching near X% of total exports. It was distantly followed by Burkina Faso (X units), generating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Burkina Faso ($X) emerged as the largest tanned or dressed furskins supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Mali ($X), with a X% share of total exports.

In Burkina Faso, tanned or dressed furskins exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mali (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Tanned or Dressed Furskins

Imports in Western Africa

Tanned or dressed furskins imports dropped remarkably to X units in 2022, waning by X% on the previous year. Overall, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell sharply in the following year.

In value terms, tanned or dressed furskins imports fell rapidly to $X in 2022. In general, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Senegal was the main importer of tanned or dressed furskins in Western Africa, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Ghana (X units), committing a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%).

In value terms, Ghana ($X) constitutes the largest market for imported tanned or dressed furskins in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports.

In Ghana, tanned or dressed furskins imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 unit), while Senegal amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tanned or dressed furskins in Western Africa?

The country with the largest volume of tanned or dressed furskins consumption was Niger, comprising approx. 77% of total volume. Moreover, tanned or dressed furskins consumption in Niger exceeded the figures recorded by the second-largest consumer, Senegal, sevenfold. The third position in this ranking was taken by Ghana, with a 6.5% share.

What are the largest producers of tanned or dressed furskins in Western Africa?

The country with the largest volume of tanned or dressed furskins production was Niger, comprising approx. 93% of total volume. It was followed by Cote d'Ivoire, with a 2.9% share of total production.

What are the leading exporters of tanned or dressed furskins in Western Africa?

In value terms, Burkina Faso emerged as the largest tanned or dressed furskins supplier in Western Africa, comprising 62% of total exports. The second position in the ranking was taken by Mali $572), with a 23% share of total exports.

What are the leading importers of tanned or dressed furskins in Western Africa?

In value terms, Ghana constitutes the largest market for imported tanned or dressed furskins in Western Africa, comprising 78% of total imports. The second position in the ranking was held by Senegal $922), with a 9.1% share of total imports.

What is the average export price for tanned or dressed furskins in Western Africa?

The export price in Western Africa stood at $6.5 per unit in 2022, increasing by 252% against the previous year.

What is the average import price for tanned or dressed furskins in Western Africa?

In 2022, the import price in Western Africa amounted to $1.5 per unit, growing by 646% against the previous year.

This report provides an in-depth analysis of the market for tanned or dressed furskins 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:

Prodcom 15111030 - Tanned or dressed whole furskins, not assembled, of rabbit, h are or lamb
Prodcom 15111050 - Tanned or dressed furskins or skins (excluding rabbit, hare or lamb)

Country coverage:

Benin
Burkina Faso
Cabo Verde
Cote d'Ivoire
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023