ECOWAS: Bed Linen Market 2024

Bed Linen Market Size in ECOWAS

The ECOWAS bed linen market amounted to $X in 2023, growing by X% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Bed Linen Production in ECOWAS

In value terms, bed linen production reached $X in 2023 estimated in export price. The total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Bed Linen Exports

Exports in ECOWAS

In 2023, overseas shipments of bed linen were finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, bed linen exports fell to $X in 2023. Overall, exports saw a modest increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons), Ghana (X tons), Mali (X tons) and Cote d'Ivoire (X tons) represented roughly X% of total exports in 2023. Senegal (X tons) ranks next in terms of the total exports with a X% share, followed by Guinea (X%). Gambia (X tons) took a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mali (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Mali ($X) and Ghana ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Gambia, Guinea, Senegal and Nigeria lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Gambia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2023, dropping by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, bed linen export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then fell in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Gambia (X%), while the other leaders experienced more modest paces of growth.

Bed Linen Imports

Imports in ECOWAS

Bed linen imports was estimated at X tons in 2023, standing approx. at the year before. Overall, imports recorded temperate growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, bed linen imports amounted to $X in 2023. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Senegal represented the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Ghana (X tons), Cote d'Ivoire (X tons), Burkina Faso (X tons) and Guinea (X tons), together generating a X% share of total imports. The following importers - Togo (X tons) and Mali (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to bed linen imports into Senegal stood at X%. At the same time, Burkina Faso (X%), Cote d'Ivoire (X%) and Mali (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. Togo experienced a relatively flat trend pattern. By contrast, Ghana (X%) and Guinea (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Burkina Faso (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Togo (X p.p.), Guinea (X p.p.) and Ghana (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bed linen importing markets in ECOWAS were Senegal ($X), Ghana ($X) and Cote d'Ivoire ($X), together accounting for X% of total imports.

Cote d'Ivoire, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 ECOWAS stood at $X per ton in 2023, approximately reflecting the previous year. Import price indicated a mild increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, bed linen import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mali ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform