Western Africa: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Western Africa

In 2023, the West African walking-sticks and whips market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption saw a mild decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Walking-Sticks And Whips Production in Western Africa

In value terms, walking-sticks and whips production reduced to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 when the production volume increased by X%. As a result, production reached the peak level of $X, and then declined in the following year.

Walking-Sticks And Whips Exports

Exports in Western Africa

In 2023, walking-sticks and whips exports in Western Africa skyrocketed to X units, growing by X% against the previous year. In general, exports recorded a strong expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see steady growth in the near future.

In value terms, walking-sticks and whips exports surged to $X in 2023. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Gambia (X units), Burkina Faso (X units) and Senegal (X units), together resulting at X% of total export. It was distantly followed by Ghana (X units), constituting a X% share of total exports. Nigeria (X units) and Cote d'Ivoire (X units) held a relatively small 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, Gambia ($X) emerged as the largest walking-sticks and whips supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports. It was followed by Burkina Faso, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Gambia stood at X%. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per unit in 2022, and then contracted rapidly in the following year.

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 Gambia ($X per unit), while Nigeria ($X per unit) 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 more modest paces of growth.

Walking-Sticks And Whips Imports

Imports in Western Africa

Walking-sticks and whips imports dropped to X units in 2023, reducing by X% on the year before. In general, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, walking-sticks and whips imports contracted to $X in 2023. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Nigeria (X units), distantly followed by Mauritania (X units), Senegal (X units), Cote d'Ivoire (X units), Ghana (X units) and Liberia (X units) represented the major importers of walking-sticks, seat-sticks, whips and riding-crops, together achieving X% of total imports. Guinea (X units) held a minor share of total imports.

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

In value terms, Nigeria ($X) constitutes the largest market for imported walking-sticks, seat-sticks, whips and riding-crops in Western Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.

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

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 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 Ghana ($X per unit), while Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform