| Product Code: ETC5686002 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Benin socks market, imports experienced a notable growth trend from 2023 to 2024, with a growth rate of 56.25%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 58.11%. This surge in imports could be attributed to increasing demand for diverse sock varieties or a shift in trade policies favoring international trade.

In the Africa region, the Socks market in Benin is projected to expand at a exponential growth rate of 15.03% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Socks Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Socks Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Socks Market - Industry Life Cycle |
3.4 Benin Socks Market - Porter's Five Forces |
3.5 Benin Socks Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Benin Socks Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Benin Socks Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Benin Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing fashion consciousness and changing trends among consumers in Benin |
4.2.2 Growing awareness about the benefits of wearing socks for foot health |
4.2.3 Rise in disposable income leading to higher spending on clothing items like socks |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in Benin |
4.3.2 Limited availability of high-quality raw materials for sock production in the region |
4.3.3 Intense competition from imported socks brands affecting local market growth |
5 Benin Socks Market Trends |
6 Benin Socks Market Segmentations |
6.1 Benin Socks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Benin Socks Market Revenues & Volume, By Casual, 2022-2032F |
6.1.3 Benin Socks Market Revenues & Volume, By Formal, 2022-2032F |
6.1.4 Benin Socks Market Revenues & Volume, By Athletic, 2022-2032F |
6.2 Benin Socks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Socks Market Revenues & Volume, By Men, 2022-2032F |
6.2.3 Benin Socks Market Revenues & Volume, By Women, 2022-2032F |
6.2.4 Benin Socks Market Revenues & Volume, By Children, 2022-2032F |
6.3 Benin Socks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Benin Socks Market Revenues & Volume, By Hypermarket & Supermarket, 2022-2032F |
6.3.3 Benin Socks Market Revenues & Volume, By Convenience Store, 2022-2032F |
6.3.4 Benin Socks Market Revenues & Volume, By Online, 2022-2032F |
7 Benin Socks Market Import-Export Trade Statistics |
7.1 Benin Socks Market Export to Major Countries |
7.2 Benin Socks Market Imports from Major Countries |
8 Benin Socks Market Key Performance Indicators |
8.1 Average selling price of socks in Benin |
8.2 Percentage of consumers aware of the health benefits of wearing socks |
8.3 Number of local sock manufacturers in Benin using sustainable and high-quality materials |
9 Benin Socks Market - Opportunity Assessment |
9.1 Benin Socks Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Benin Socks Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Benin Socks Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Benin Socks Market - Competitive Landscape |
10.1 Benin Socks Market Revenue Share, By Companies, 2025 |
10.2 Benin Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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