ECOWAS: Bed Linen Market 2024

Bed Linen Market Size in ECOWAS

In 2023, the ECOWAS bed linen market decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a measured increase 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, 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 stood at a somewhat lower figure.

Bed Linen Production in ECOWAS

In value terms, bed linen production expanded slightly to $X in 2023 estimated in export price. The total production indicated a perceptible expansion 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, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Bed Linen Exports

Exports in ECOWAS

Bed linen exports surged to X tons in 2023, increasing by X% compared with the previous year's figure. Overall, exports showed a moderate expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, bed linen exports shrank to $X in 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 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

Mali was the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Nigeria (X tons), Cote d'Ivoire (X tons), Senegal (X tons) and Guinea (X tons), together mixing up a X% share of total exports. Ghana (X tons) followed a long way behind the leaders.

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

In value terms, the largest bed linen supplying countries in ECOWAS were Cote d'Ivoire ($X), Mali ($X) and Nigeria ($X), together accounting for X% of total exports.

Among the main exporting countries, Mali, 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

In 2023, the export price in ECOWAS amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat 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 Guinea ($X per ton), while Mali ($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.

Bed Linen Imports

Imports in ECOWAS

Bed linen imports reached X tons in 2023, almost unchanged from the year before. Over the period under review, imports recorded a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, bed linen imports expanded remarkably to $X in 2023. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Senegal represented the key importer of bed linen in ECOWAS, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by Cote d'Ivoire (X tons), Burkina Faso (X tons), Ghana (X tons), Guinea (X tons) and Mali (X tons), together achieving a X% share of total imports. Togo (X tons) followed a long way behind the leaders.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2023. At the same time, Cote d'Ivoire (X%) and Burkina Faso (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, Ghana (X%) and Mali (X%) illustrated a downward trend over the same period. Senegal (X p.p.), Cote d'Ivoire (X p.p.) and Burkina Faso (X p.p.) significantly strengthened its position in terms of the total imports, while Togo, Guinea, Mali and Ghana saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively.

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

Cote d'Ivoire, with a CAGR of X%, recorded 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, growing 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 years. 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 2021 indices. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices reached 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 ($X per ton), while Burkina Faso ($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