Western Africa: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Western Africa

The West African market for flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa surged to $X in 2023, picking up by X% against the previous year. Overall, consumption saw a tangible increase. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Western Africa

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa surged to $X in 2023 estimated in export price. Over the period under review, production saw a measured increase. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production of growth failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports in Western Africa

In 2023, shipments abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa reduced dramatically to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Togo (X tons) represented the key exporter of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa, mixing up X% of total exports. Cote d'Ivoire (X tons) took the second position in the ranking, distantly followed by Ghana (X tons). All these countries together held near X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Togo (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Togo ($X) remains the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Togo amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 Togo ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports in Western Africa

In 2023, purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa was finally on the rise to reach X tons after two years of decline. Overall, imports, however, continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa reduced to $X in 2023. Over the period under review, imports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa in 2023 were Ghana (X tons), Senegal (X tons) and Nigeria (X tons), together recording X% of total import. Guinea (X tons) held the next position in the ranking, followed by Mauritania (X tons). All these countries together took approx. X% share of total imports. The following importers - Mali (X tons), Cote d'Ivoire (X tons) and Sierra Leone (X tons) - each recorded an X% share of total imports.

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

In value terms, the largest flexible tubes, pipes and hoses of plastics, with a burst pressure X MPa importing markets in Western Africa were Senegal ($X), Nigeria ($X) and Ghana ($X), with a combined X% share of total imports.

Among the main importing countries, Senegal, with a CAGR of X%, saw the highest rates of growth with regard to 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 Western Africa amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, saw noticeable growth. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Ghana ($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 import price figures.

Source: IndexBox Platform