ECOWAS - Seeders, Planters, Transplanters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Seeder And Planter Market 2024
Seeder And Planter Market Size in ECOWAS
The ECOWAS seeder and planter market dropped dramatically to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a remarkable increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.
Seeder And Planter Production in ECOWAS
In value terms, seeder and planter production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
Seeder And Planter Exports
Exports in ECOWAS
In 2023, the amount of seeders, planters, transplanters exported in ECOWAS amounted to X units, therefore, remained relatively stable against the year before. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, seeder and planter exports stood at $X in 2023. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
In 2023, Senegal (X units) represented the major exporter of seeders, planters, transplanters in ECOWAS, committing X% of total export.
Senegal experienced a relatively flat trend pattern with regard to volume of exports of seeders, planters, transplanters. While the share of Senegal (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Senegal ($X) also remains the largest seeder and planter supplier in ECOWAS.
In Senegal, seeder and planter exports shrank by an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in ECOWAS amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Senegal.
From 2012 to 2023, the rate of growth in terms of prices for Senegal amounted to X% per year.
Seeder And Planter Imports
Imports in ECOWAS
In 2023, the amount of seeders, planters, transplanters imported in ECOWAS contracted significantly to X units, waning by X% on the year before. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank significantly in the following year.
In value terms, seeder and planter imports declined sharply to $X in 2023. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.
Imports by Country
Nigeria dominates imports structure, reaching X units, which was near X% of total imports in 2023. Senegal (X units) followed a long way behind the leaders.
Nigeria was also the fastest-growing in terms of the seeders, planters, transplanters imports, with a CAGR of X% from 2012 to 2023. At the same time, Senegal (X%) displayed positive paces of growth. While the share of Nigeria (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Senegal (X p.p.) displayed negative dynamics.
In value terms, Nigeria ($X) constitutes the largest market for imported seeders, planters, transplanters in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports.
In Nigeria, seeder and planter imports expanded at an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
The import price in ECOWAS stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Senegal ($X per unit), while Nigeria amounted to $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the seeder and planter market 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 28303333 - Central driven precision spacing seeders for agricultural or horticultural use
- Prodcom 28303335 - Seeders for agricultural or horticultural use (excluding central driven precision spacing seeders)
- Prodcom 28303350 - Planters and transplanters
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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