Western Africa - Casks, Barrels, Vats, Tubs, and Coopers Products of Wood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Wood Barrel Market 2024
Wood Barrel Market Size in Western Africa
The West African wood barrel market stood at $X in 2023, standing approx. at the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Wood Barrel Production in Western Africa
In value terms, wood barrel production stood at $X in 2023 estimated in export price. The total production indicated a moderate increase 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.
Wood Barrel Exports
Exports in Western Africa
In 2023, the amount of casks, barrels, vats, tubs, and coopers products of wood exported in Western Africa surged to X units, rising by X% against 2022 figures. In general, exports recorded buoyant growth. The volume of export peaked at X units in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, wood barrel exports reduced dramatically to $X in 2023. Over the period under review, exports, however, saw a dramatic decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.
Exports by Country
The shipments of the one major exporters of casks, barrels, vats, tubs, and coopers products of wood, namely Ghana, represented more than two-thirds of total export.
Ghana was also the fastest-growing in terms of the casks, barrels, vats, tubs, and coopers products of wood exports, with a CAGR of X% from 2012 to 2023. While the share of Ghana (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
From 2012 to 2023, the average annual rate of growth in terms of value in Ghana stood at X%.
Export Prices by Country
The export price in Western Africa stood at $X per unit in 2023, declining by X% against the previous year. Overall, the export price recorded a dramatic downturn. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2023, the rate of growth in terms of prices for Ghana amounted to X% per year.
Wood Barrel Imports
Imports in Western Africa
Wood barrel imports shrank dramatically to X units in 2023, dropping by X% on 2022 figures. In general, imports, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.
In value terms, wood barrel imports dropped dramatically to $X in 2023. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.
Imports by Country
Burkina Faso (X units) and Ghana (X units) were the key importers of casks, barrels, vats, tubs, and coopers products of wood in 2023, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Sierra Leone (X units) and Saint Helena, Ascension and Tristan da Cunha (X units), together constituting a X% share of total imports. The following importers - Cote d'Ivoire (X units), Cabo Verde (X units) and Guinea (X units) - each accounted for a X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sierra Leone (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Sierra Leone ($X), Ghana ($X) and Cabo Verde ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.
Sierra Leone, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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
In 2023, the import price in Western Africa amounted to $X per unit, stabilizing at the previous year. Over the period under review, the import price showed a drastic downturn. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cabo Verde ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the wood barrel market in Western Africa. 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 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Western Africa, split by region and country
- Trade (exports and imports) in Western Africa
- 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
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- 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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