Western Africa: Metal Bath Market 2024

Metal Bath Market Size in Western Africa

The West African metal bath market rose modestly to $X in 2023, picking up by X% against the previous year. In general, consumption saw a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Metal Bath Production in Western Africa

In value terms, metal bath production rose notably to $X in 2023 estimated in export price. Overall, production, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Metal Bath Exports

Exports in Western Africa

Metal bath exports dropped remarkably to X units in 2023, falling by X% against the previous year. Overall, exports showed a mild slump. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal bath exports contracted dramatically to $X in 2023. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal was the main exporter of baths of iron or steel in Western Africa, with the volume of exports resulting at X units, which was approx. X% of total exports in 2023. Mali (X units) held the second position in the ranking, distantly followed by Niger (X units) and Cote d'Ivoire (X units). All these countries together held near X% share of total exports.

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

In value terms, Mali ($X) remains the largest metal bath supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Mali, metal bath exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Niger (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

In 2023, the export price in Western Africa amounted to $X per unit, which is down by X% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 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 Mali ($X per unit), while Senegal ($X per unit) 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 mixed trends in the export price figures.

Metal Bath Imports

Imports in Western Africa

In 2023, approx. X units of baths of iron or steel were imported in Western Africa; falling by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, metal bath imports contracted sharply to $X in 2023. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Nigeria represented the largest importer of baths of iron or steel in Western Africa, with the volume of imports reaching X units, which was near X% of total imports in 2023. Ghana (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mauritania (X%). Senegal (X units), Gambia (X units), Guinea (X units) and Niger (X units) followed a long way behind the leaders.

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

In value terms, Nigeria ($X) constitutes the largest market for imported baths of iron or steel in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with an X% share of total imports. It was followed by Mauritania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Mauritania (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2023, jumping by X% against the previous year. In general, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is expected to retain growth in years to come.

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 Nigeria ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform