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ECOWAS - Iron or Steel Doors, Thresholds for Doors and Windows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024
Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in ECOWAS
In 2022, the ECOWAS market for iron or steel doors, thresholds for doors and windows decreased by -8.2% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption showed a mild downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Production of Iron Or Steel Doors, Thresholds For Doors And Windows in ECOWAS
In value terms, production of iron or steel doors, thresholds for doors and windows shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 169%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.
Exports of Iron Or Steel Doors, Thresholds For Doors And Windows
Exports in ECOWAS
After two years of growth, overseas shipments of iron or steel doors, thresholds for doors and windows decreased by -12% to X units in 2022. Over the period under review, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 131% against the previous year. The volume of export peaked at X units in 2021, and then contracted in the following year.
In value terms, exports of iron or steel doors, thresholds for doors and windows declined to $X in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 51% against the previous year. The level of export peaked at $X in 2021, and then declined in the following year.
Exports by Country
Ghana dominates windows structure, resulting at X units, which was approx. 86% of total exports in 2022. It was distantly followed by Togo (X units), achieving a 4.6% share of total exports. Senegal (X units) and Nigeria (X units) held a relatively small share of total exports.
Ghana was also the fastest-growing in terms of the iron or steel doors, thresholds for doors and windows exports, with a CAGR of +73.9% from 2012 to 2022. At the same time, Togo (+15.5%) and Senegal (+13.7%) displayed positive paces of growth. By contrast, Nigeria (-14.9%) illustrated a downward trend over the same period. Ghana (+84 p.p.) significantly strengthened its position in terms of the total exports, while Togo, Senegal and Nigeria saw its share reduced by -1.6%, -2.1% and -66.8% from 2012 to 2022, respectively.
In value terms, Ghana ($X) remains the largest iron or steel window and door supplier in ECOWAS, comprising 74% of total exports. The second position in the ranking was held by Senegal ($X), with a 6.8% share of total exports. It was followed by Togo, with a 4.9% share.
In Ghana, exports of iron or steel doors, thresholds for doors and windows increased at an average annual rate of +72.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (+13.5% per year) and Togo (+17.0% per year).
Export Prices by Country
The export price in ECOWAS stood at $X per unit in 2022, increasing by 7.5% against the previous year. In general, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the export price increased by 61% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per unit), while Ghana ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+1.3%), while the other leaders experienced a decline in the export price figures.
Imports of Iron Or Steel Doors, Thresholds For Doors And Windows
Imports in ECOWAS
In 2022, purchases abroad of iron or steel doors, thresholds for doors and windows decreased by -20.4% to X units, falling for the second year in a row after four years of growth. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, imports of iron or steel doors, thresholds for doors and windows declined to $X in 2022. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 85% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
Ghana (X units) and Nigeria (X units) dominates windows structure, together achieving 80% of total imports. It was distantly followed by Togo (X units), creating a 7.5% share of total imports. Senegal (X units), Cote d'Ivoire (X units) and Gambia (X units) held a relatively small share of total imports.
From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +91.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest iron or steel window and door importing markets in ECOWAS were Ghana ($X), Nigeria ($X) and Togo ($X), together comprising 76% of total imports.
Among the main importing countries, Togo, with a CAGR of +105.4%, 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
The import price in ECOWAS stood at $X per unit in 2022, picking up by 25% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel doors, thresholds for doors and windows increased by +85.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 25%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cote d'Ivoire ($X per unit), while Nigeria ($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 (+7.5%), while the other leaders experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron or steel window and door 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 25121030 - Iron or steel doors, thresholds for doors, windows and their frames
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
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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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