ECOWAS: Ski-Suit Market 2024

Ski-Suit Market Size in ECOWAS

The ECOWAS ski-suit market declined to $X in 2022, which is down by X% against the previous year. In general, consumption saw a noticeable contraction. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Ski-Suit Production in ECOWAS

In value terms, ski-suit production declined to $X in 2022 estimated in export price. In general, production recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Ski-Suit Exports

Exports in ECOWAS

In 2022, the amount of ski-suits (excluding of knitted or crocheted textiles) exported in ECOWAS surged to X units, picking up by X% compared with 2021 figures. Overall, exports enjoyed a tangible expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ski-suit exports soared to $X in 2022. In general, exports recorded a prominent increase. The growth pace was the most rapid in 2019 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Ghana (X units), constituting a X% share of total exports. Mali (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ski-suit exports from Cote d'Ivoire stood at X%. At the same time, Mali (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. Ghana (X p.p.) and Mali (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Cote d'Ivoire ($X) remains the largest ski-suit supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports.

In Cote d'Ivoire, ski-suit exports 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: Ghana (X% per year) and Mali (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price showed a measured increase. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Ski-Suit Imports

Imports in ECOWAS

In 2022, overseas purchases of ski-suits (excluding of knitted or crocheted textiles) were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, ski-suit imports soared to $X in 2022. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Togo (X units) and Cote d'Ivoire (X units) were the major importers of ski-suits (excluding of knitted or crocheted textiles) in 2022, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Cabo Verde (X units), Senegal (X units), Ghana (X units) and Niger (X units), together making up a X% share of total imports. Mali (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Togo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Togo, with a CAGR of X%, recorded 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

In 2022, the import price in ECOWAS amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per unit), while Mali ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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