ECOWAS: Camping Equipment Market 2024

Camping Equipment Market Size in ECOWAS

The ECOWAS camping equipment market expanded slightly to $X in 2023, surging by X% against the previous year. The total consumption indicated a pronounced 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 reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Camping Equipment Production in ECOWAS

In value terms, camping equipment production expanded notably to $X in 2023 estimated in export price. The total production indicated a noticeable expansion 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%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Camping Equipment Exports

Exports in ECOWAS

In 2023, overseas shipments of camping goods increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, camping equipment exports skyrocketed to $X in 2023. Overall, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Togo (X tons) represented the main exporter of camping goods, creating X% of total exports. Cote d'Ivoire (X tons) ranks second in terms of the total exports with a X% share, followed by Niger (X%), Ghana (X%) and Burkina Faso (X%).

From 2012 to 2023, average annual rates of growth with regard to camping equipment exports from Togo stood at X%. At the same time, Burkina Faso (X%), Niger (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Burkina Faso (X p.p.), Niger (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Togo (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X), Cote d'Ivoire ($X) and Ghana ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Niger and Burkina Faso lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Burkina Faso, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in ECOWAS amounted to $X per ton, shrinking by X% against the previous year. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced a decline in the export price figures.

Camping Equipment Imports

Imports in ECOWAS

In 2023, the amount of camping goods imported in ECOWAS fell to X tons, which is down by X% against the previous year. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then fell in the following year.

In value terms, camping equipment imports reduced modestly to $X in 2023. In general, imports, however, enjoyed temperate growth. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Burkina Faso (X tons) was the largest importer of camping goods, constituting X% of total imports. Senegal (X tons) ranks second in terms of the total imports with a X% share, followed by Nigeria (X%), Guinea (X%), Ghana (X%), Togo (X%) and Niger (X%).

Imports into Burkina Faso increased at an average annual rate of X% from 2012 to 2023. At the same time, Togo (X%), Guinea (X%), Nigeria (X%), Senegal (X%) and Niger (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Ghana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Burkina Faso, Guinea, Nigeria, Togo and Senegal 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, the largest camping equipment importing markets in ECOWAS were Ghana ($X), Senegal ($X) and Niger ($X), with a combined X% share of total imports.

Among the main importing countries, Senegal, with a CAGR of X%, 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

In 2023, the import price in ECOWAS amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 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 Niger ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform