Western Africa: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in Western Africa

In 2022, the West African blow-moulding machine market decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in Western Africa

In value terms, blow-moulding machine production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Blow-Moulding Machine Exports

Exports in Western Africa

Blow-moulding machine exports shrank dramatically to X units in 2022, with a decrease of X% compared with the year before. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, blow-moulding machine exports reduced markedly to $X in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Cote d'Ivoire (X units), followed by Nigeria (X units) were the main exporters of blow-moulding machines for working rubber or plastics, together mixing up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%).

In value terms, Cote d'Ivoire ($X) emerged as the largest blow-moulding machine supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Nigeria ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire totaled X%.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price, however, saw temperate growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Nigeria stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

Blow-Moulding Machine Imports

Imports in Western Africa

In 2022, overseas purchases of blow-moulding machines for working rubber or plastics decreased by X% to X units, falling for the third year in a row after three years of growth. Overall, imports, however, showed a mild expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, blow-moulding machine imports shrank dramatically to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria (X units) and Ghana (X units) dominates imports structure, together making up X% of total imports. Guinea (X units) ranks next in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%) and Togo (X%). Senegal (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported blow-moulding machines for working rubber or plastics in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Senegal ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :