ECOWAS: Table Linen Market 2024

Table Linen Market Size in ECOWAS

The ECOWAS table linen market rose to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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.

Table Linen Production in ECOWAS

In value terms, table linen production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Table Linen Exports

Exports in ECOWAS

In 2023, shipments abroad of table linen, knitted or crocheted increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, table linen exports rose sharply to $X in 2023. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2023 and are likely to continue growth in the near future.

Exports by Country

In 2023, Guinea (X tons) was the major exporter of table linen, knitted or crocheted, comprising X% of total exports. It was distantly followed by Togo (X tons), creating a X% share of total exports. Nigeria (X kg), Benin (X kg) and Mali (X kg) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to table linen exports from Guinea stood at X%. At the same time, Togo (X%), Nigeria (X%) and Mali (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Benin (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Guinea, Togo and Benin increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guinea ($X) remains the largest table linen supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Togo ($X), with a X% share of total exports. It was followed by Mali, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Guinea totaled X%. In the other countries, the average annual rates were as follows: Togo (X% per year) and Mali (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 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 Mali ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Table Linen Imports

Imports in ECOWAS

In 2023, the amount of table linen, knitted or crocheted imported in ECOWAS surged to X tons, increasing by X% against 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, table linen imports soared to $X in 2023. Total imports 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Togo was the major importer of table linen, knitted or crocheted in ECOWAS, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2023. Ghana (X tons) held the second position in the ranking, distantly followed by Senegal (X tons). All these countries together held near X% share of total imports. Guinea (X tons), Cote d'Ivoire (X tons), Benin (X tons) and Cabo Verde (X tons) followed a long way behind the leaders.

Togo was also the fastest-growing in terms of the table linen, knitted or crocheted imports, with a CAGR of X% from 2012 to 2023. At the same time, Senegal (X%) displayed positive paces of growth. By contrast, Guinea (X%), Benin (X%), Ghana (X%), Cabo Verde (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Togo and Senegal increased by X and X percentage points, respectively.

In value terms, Togo ($X) constitutes the largest market for imported table linen, knitted or crocheted in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with an X% share of total imports. It was followed by Guinea, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Togo totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (X% per year) and Guinea (X% per year).

Import Prices by Country

In 2023, the import price in ECOWAS amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2023: its price 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, table linen import price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 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 Guinea ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cabo Verde (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform