Western Africa: Wooden Window Market 2022

Wooden Window Market Size in Western Africa

The West African wooden window market soared to $X in 2021, rising by 15% against the previous year. The total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.1% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wooden Window Production in Western Africa

In value terms, wooden window production expanded remarkably to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.2% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 55%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wooden Window Exports

Exports in Western Africa

In 2021, wooden window exports in Western Africa soared to X tons, growing by 29% on 2020 figures. Overall, exports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 156% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, wooden window exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 166%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal (X kg) and Togo (X kg) represented the key exporters of windows, french windows and their frames of wood in 2021, finishing at approx. 29% and 24% of total exports, respectively. Ghana (X kg) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by Guinea (13%), Mauritania (6.8%), Cote d'Ivoire (6.3%) and Nigeria (5.6%).

From 2012 to 2021, the biggest increases were in Ghana (with a CAGR of +2.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest wooden window supplying countries in Western Africa were Senegal ($X), Nigeria ($X) and Ghana ($X), together accounting for 54% of total exports.

In terms of the main exporting countries, Nigeria, with a CAGR of +0.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when the export price increased by 93% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Nigeria ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea (+6.4%), while the other leaders experienced more modest paces of growth.

Wooden Window Imports

Imports in Western Africa

In 2021, after two years of decline, there was significant growth in supplies from abroad of windows, french windows and their frames of wood, when their volume increased by 12% to X tons. Over the period under review, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 52%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wooden window imports declined significantly to $X in 2021. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Senegal (X tons) represented the main importer of windows, french windows and their frames of wood, comprising 38% of total imports. Cote d'Ivoire (X tons) took the second position in the ranking, followed by Mauritania (X tons), Mali (X tons) and Ghana (X tons). All these countries together took near 46% share of total imports. The following importers - Guinea (X tons) and Gambia (X tons) - each reached a 5.6% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to wooden window imports into Senegal stood at +6.2%. At the same time, Mali (+17.6%), Cote d'Ivoire (+9.0%) and Gambia (+8.6%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +17.6% from 2012-2021. Mauritania experienced a relatively flat trend pattern. By contrast, Ghana (-17.1%) and Guinea (-17.5%) illustrated a downward trend over the same period. While the share of Senegal (+25 p.p.), Cote d'Ivoire (+11 p.p.), Mali (+7.7 p.p.), Mauritania (+6.4 p.p.) and Gambia (+2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Guinea (-6.8 p.p.) and Ghana (-17.1 p.p.) displayed negative dynamics.

In value terms, the largest wooden window importing markets in Western Africa were Senegal ($X), Cote d'Ivoire ($X) and Ghana ($X), with a combined 71% share of total imports.

Among the main importing countries, Cote d'Ivoire, with a CAGR of +19.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2021, waning by -30.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 41% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Guinea ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea (+12.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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