ECOWAS: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2024

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in ECOWAS

The ECOWAS market for bed linen of other woven textiles and non-woven man-made fibres reduced to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption, however, recorded resilient growth. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in ECOWAS

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres shrank to $X in 2023 estimated in export price. Over the period under review, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production of growth failed to regain momentum.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports in ECOWAS

In 2023, approx. X tons of bed linen of other woven textiles and non-woven man-made fibres were exported in ECOWAS; picking up by X% compared with the previous year's figure. Overall, exports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres fell to $X in 2023. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Mali (X tons), Ghana (X tons) and Nigeria (X tons) was the key exporter of bed linen of other woven textiles and non-woven man-made fibres in ECOWAS, creating X% of total export. It was distantly followed by Cote d'Ivoire (X tons) and Senegal (X tons), together committing a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen of other woven textiles and non-woven man-made fibres supplying countries in ECOWAS were Ghana ($X), Mali ($X) and Cote d'Ivoire ($X), together comprising X% of total exports. Senegal and Nigeria lagged somewhat behind, together comprising a further X%.

Nigeria, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The export price in ECOWAS stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded pronounced growth. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports in ECOWAS

In 2023, purchases abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, posted measured growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres amounted to $X in 2023. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Senegal was the key importing country with an import of around X tons, which reached X% of total imports. Cote d'Ivoire (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (X%) and Guinea (X%). Togo (X tons), Mali (X tons) and Gambia (X tons) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to bed linen of other woven textiles and non-woven man-made fibres imports into Senegal stood at X%. At the same time, Cote d'Ivoire (X%) and Mali (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. Togo and Guinea experienced a relatively flat trend pattern. By contrast, Gambia (X%) and Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Senegal and Cote d'Ivoire increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X), Cote d'Ivoire ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, surging by X% against the previous year. Import price indicated temperate 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, import price for bed linen of other woven textiles and non-woven man-made fibres increased by X% against 2021 indices. The growth pace was the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

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