ECOWAS - Pvc Floor Covering - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for PVC Floor, Wall and Ceiling Coverings 2024
Market Size for PVC Floor, Wall and Ceiling Coverings in ECOWAS
The ECOWAS market for PVC floor, wall and ceiling coverings skyrocketed to $X in 2023, with an increase of X% against the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value 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, consumption increased by X% against 2021 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of PVC Floor, Wall and Ceiling Coverings in ECOWAS
In value terms, production of PVC floor, wall and ceiling coverings rose to $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production of growth remained at a somewhat lower figure.
Exports of PVC Floor, Wall and Ceiling Coverings
Exports in ECOWAS
In 2023, the amount of PVC floor, wall and ceiling coverings exported in ECOWAS shrank remarkably to X square meters, declining by X% compared with the previous year. Over the period under review, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X square meters in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of PVC floor, wall and ceiling coverings dropped notably to $X in 2023. In general, exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.
Exports by Country
Cote d'Ivoire was the main exporter of PVC floor, wall and ceiling coverings in ECOWAS, with the volume of exports reaching X square meters, which was near X% of total exports in 2023. Nigeria (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Ghana (X%), Togo (X%) and Liberia (X%). The following exporters - Gambia (X square meters) and Senegal (X square meters) - each amounted to a X% share of total exports.
Exports from Cote d'Ivoire increased at an average annual rate of X% from 2012 to 2023. At the same time, Gambia (X%), Senegal (X%), Nigeria (X%) and Liberia (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Ghana (X%) and Togo (X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (X p.p.), Togo (X p.p.), Nigeria (X p.p.), Liberia (X p.p.), Gambia (X p.p.) and Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Ghana (X p.p.) displayed negative dynamics.
In value terms, Togo ($X), Cote d'Ivoire ($X) and Liberia ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Senegal, Gambia, Nigeria and Ghana lagged somewhat behind, together comprising a further X%.
In terms of the main exporting countries, Gambia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in ECOWAS stood at $X per square meter in 2023, growing by X% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. Over the period under review, the export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Togo ($X per square meter), while Ghana ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.
Imports of PVC Floor, Wall and Ceiling Coverings
Imports in ECOWAS
In 2023, supplies from abroad of PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the third consecutive year after three years of growth. Overall, imports showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports of reached the maximum at X square meters in 2013; however, from 2014 to 2023, imports failed to regain momentum.
In value terms, imports of PVC floor, wall and ceiling coverings stood at $X in 2023. In general, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.
Imports by Country
Nigeria represented the main importer of PVC floor, wall and ceiling coverings in ECOWAS, with the volume of imports recording X square meters, which was near X% of total imports in 2023. It was distantly followed by Liberia (X square meters), Guinea (X square meters), Cote d'Ivoire (X square meters), Gambia (X square meters) and Sierra Leone (X square meters), together mixing up a X% share of total imports. Mali (X square meters) held a minor share of total imports.
Imports into Nigeria decreased at an average annual rate of X% from 2012 to 2023. At the same time, Mali (X%), Guinea (X%), Liberia (X%) and Gambia (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2023. By contrast, Cote d'Ivoire (X%) and Sierra Leone (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Liberia, Guinea, Gambia, Mali, Cote d'Ivoire and Sierra Leone increased by X, X, X, X, X and X percentage points, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported PVC floor, wall and ceiling coverings in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Guinea ($X), with a X% share of total imports. It was followed by Liberia, with an X% share.
From 2012 to 2023, the average annual growth rate of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Guinea (X% per year) and Liberia (X% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per square meter in 2023, picking up by X% against the previous year. Import price indicated a tangible 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, import price for PVC floor, wall and ceiling coverings increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2014; afterwards, it flattened through to 2023.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guinea ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Guinea (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for pvc floor, wall and ceiling coverings 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 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
- Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride
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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