Western Africa: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Western Africa

The West African wooden kitchen furniture market reduced to $X in 2022, waning by X% against the previous year. In general, consumption, however, showed prominent growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Wooden Kitchen Furniture Production in Western Africa

In value terms, wooden kitchen furniture production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a tangible expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports in Western Africa

In 2022, approx. X units of wooden furniture for kitchens were exported in Western Africa; growing by X% compared with the year before. Overall, exports enjoyed modest growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden kitchen furniture exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Togo represented the main exporter of wooden furniture for kitchens in Western Africa, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Nigeria (X units), Ghana (X units), Senegal (X units) and Benin (X units), together generating a X% share of total exports. The following exporters - Cote d'Ivoire (X units) and Mali (X units) - together made up X% of total exports.

Togo was also the fastest-growing in terms of the wooden furniture for kitchens exports, with a CAGR of X% from 2012 to 2022. At the same time, Ghana (X%) and Benin (X%) displayed positive paces of growth. By contrast, Nigeria (X%), Cote d'Ivoire (X%), Senegal (X%) and Mali (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo and Ghana increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X), Nigeria ($X) and Ghana ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Togo, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 unit, which is down by X% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then shrank modestly in the following year.

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 Nigeria ($X per unit), while Benin ($X per unit) was amongst the lowest.

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

Wooden Kitchen Furniture Imports

Imports in Western Africa

After two years of growth, supplies from abroad of wooden furniture for kitchens decreased by X% to X units in 2022. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden kitchen furniture imports shrank markedly to $X in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, Ghana (X units) was the key importer of wooden furniture for kitchens, generating X% of total imports. It was distantly followed by Cote d'Ivoire (X units), Nigeria (X units), Senegal (X units) and Mali (X units), together creating a X% share of total imports. The following importers - Guinea (X units), Gambia (X units) and Guinea-Bissau (X units) - together made up X% of total imports.

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Mali (X%), Nigeria (X%), Gambia (X%), Guinea-Bissau (X%), Cote d'Ivoire (X%), Senegal (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Nigeria, Ghana, Mali, Cote d'Ivoire and Gambia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported wooden furniture for kitchens in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

In Ghana, wooden kitchen furniture imports 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: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, with a decrease of X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price 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, wooden kitchen furniture import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea-Bissau ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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