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ECOWAS - Floor, Wall or Ceiling Coverings of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024
Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in ECOWAS
In 2023, the ECOWAS market for floor, wall or ceiling coverings of plastics decreased by X% to $X, falling for the third year in a row after three years of growth. The total consumption indicated a modest 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.
Production of Floor, Wall Or Ceiling Coverings Of Plastics in ECOWAS
In value terms, production of floor, wall or ceiling coverings of plastics shrank to $X in 2023 estimated in export price. In general, production posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.
Exports of Floor, Wall Or Ceiling Coverings Of Plastics
Exports in ECOWAS
In 2023, shipments abroad of floor, wall or ceiling coverings of plastics increased by X% to X square meters, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a strong increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X square meters in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, exports of floor, wall or ceiling coverings of plastics surged to $X in 2023. In general, exports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Nigeria was the key exporter of floor, wall or ceiling coverings of plastics in ECOWAS, with the volume of exports finishing at X square meters, which was approx. X% of total exports in 2023. Togo (X square meters) ranks second in terms of the total exports with a X% share, followed by Cote d'Ivoire (X%). The following exporters - Senegal (X square meters), Ghana (X square meters) and Burkina Faso (X square meters) - each recorded an X% share of total exports.
Nigeria was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics exports, with a CAGR of X% from 2012 to 2023. At the same time, Burkina Faso (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Togo experienced a relatively flat trend pattern. By contrast, Ghana (X%) and Senegal (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Nigeria, Cote d'Ivoire and Burkina Faso increased by X, X and X percentage points, respectively.
In value terms, Nigeria ($X) remains the largest plastic floor, wall and ceiling coverings supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Togo ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.
From 2012 to 2023, the average annual growth rate of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Togo (X% per year) and Cote d'Ivoire (X% per year).
Export Prices by Country
The export price in ECOWAS stood at $X per square meter in 2023, with a decrease of X% against the previous year. In general, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per square meter), while Burkina Faso ($X per square meter) 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 mixed trends in the export price figures.
Imports of Floor, Wall Or Ceiling Coverings Of Plastics
Imports in ECOWAS
In 2023, purchases abroad of floor, wall or ceiling coverings of plastics was finally on the rise to reach X square meters for the first time since 2020, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X square meters in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, imports of floor, wall or ceiling coverings of plastics shrank to $X in 2023. Over the period under review, imports, however, showed a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, Nigeria (X square meters) was the key importer of floor, wall or ceiling coverings of plastics, making up X% of total imports. It was distantly followed by Senegal (X square meters), Guinea (X square meters), Liberia (X square meters), Gambia (X square meters) and Cote d'Ivoire (X square meters), together mixing up a X% share of total imports. Togo (X square meters) took a little share of total imports.
Imports into Nigeria decreased at an average annual rate of X% from 2012 to 2023. At the same time, Togo (X%), Guinea (X%), Liberia (X%), Gambia (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Cote d'Ivoire (X%) illustrated a downward trend over the same period. Guinea (X p.p.), Senegal (X p.p.), Liberia (X p.p.), Togo (X p.p.) and Gambia (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest plastic floor, wall and ceiling coverings importing markets in ECOWAS were Nigeria ($X), Guinea ($X) and Liberia ($X), with a combined X% share of total imports. Senegal, Cote d'Ivoire, Gambia and Togo lagged somewhat behind, together comprising a further X%.
Among the main importing countries, Togo, with a CAGR of X%, recorded 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 ECOWAS amounted to $X per square meter, declining by X% against the previous year. In general, the import price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2023, the import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Guinea ($X per square meter), while Togo ($X per square meter) 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 more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for plastic floor, wall and ceiling coverings in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
- Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride
- Prodcom 22231190 - Floor coverings in rolls or in tiles, and wall or ceiling coverings of plastics (excluding of polymers of vinyl chloride)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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