Western Africa: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Western Africa

The West African market for tiles, flagstones and similar articles of cement, concrete or artificial stone was estimated at $X in 2023, almost unchanged from the previous year. In general, consumption recorded a buoyant increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Western Africa

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $X in 2023 estimated in export price. Overall, production saw a strong expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in Western Africa

In 2023, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone in Western Africa fell significantly to X tons, shrinking by X% on the year before. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced rapidly to $X in 2023. In general, exports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2022 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Senegal represented the main exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone in Western Africa, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Niger (X tons) held the second position in the ranking, distantly followed by Cote d'Ivoire (X tons). All these countries together took near X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to tiles, flagstones and similar articles of cement, concrete or artificial stone exports from Senegal stood at X%. At the same time, Niger (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2023. While the share of Senegal (X p.p.), Niger (X p.p.) and Cote d'Ivoire (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Niger ($X), with a X% share of total exports.

In Senegal, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone 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 ton, waning by X% against the previous year. Overall, the export price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2015 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 2016 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 Niger ($X per ton), while Cote d'Ivoire ($X per ton) 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 mixed trends in the export price figures.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in Western Africa

In 2023, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone in Western Africa dropped slightly to X tons, with a decrease of X% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced to $X in 2023. Overall, imports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.

Imports by Country

Senegal was the key importer of tiles, flagstones and similar articles of cement, concrete or artificial stone in Western Africa, with the volume of imports reaching X tons, which was near X% of total imports in 2023. Ghana (X tons) held the second position in the ranking, followed by Nigeria (X tons), Togo (X tons), Cote d'Ivoire (X tons) and Guinea (X tons). All these countries together held near X% share of total imports. Gambia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to tiles, flagstones and similar articles of cement, concrete or artificial stone imports into Senegal stood at X%. At the same time, Gambia (X%), Ghana (X%), Cote d'Ivoire (X%), Guinea (X%), Togo (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. While the share of Senegal (X p.p.), Ghana (X p.p.), Cote d'Ivoire (X p.p.), Gambia (X p.p.), Togo (X p.p.), Guinea (X p.p.) and Nigeria (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guinea ($X), Senegal ($X) and Nigeria ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Ghana, Cote d'Ivoire, Togo and Gambia lagged somewhat behind, together accounting for a further X%.

Gambia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 Western Africa stood at $X per ton in 2023, which is down by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform