Western Africa: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Western Africa

The West African domestic coffee machine market rose notably to $X in 2022, increasing by X% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Domestic Coffee Machine Production in Western Africa

In value terms, domestic coffee machine production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Domestic Coffee Machine Exports

Exports in Western Africa

In 2022, shipments abroad of domestic electric coffee or tea makers was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, domestic coffee machine exports stood at $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Sierra Leone (X units) represented the key exporter of domestic electric coffee or tea makers, creating X% of total exports. Cote d'Ivoire (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (X%). The following exporters - Cabo Verde (X units), Liberia (X units) and Ghana (X units) - together made up X% of total exports.

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

In value terms, Sierra Leone ($X) remains the largest domestic coffee machine supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

In Sierra Leone, domestic coffee machine exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while Liberia ($X per unit) was amongst the lowest.

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

Domestic Coffee Machine Imports

Imports in Western Africa

In 2022, purchases abroad of domestic electric coffee or tea makers increased by X% to X units, rising for the fifth consecutive year after three years of decline. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, domestic coffee machine imports totaled $X in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

Ghana represented the largest importing country with an import of about X units, which recorded X% of total imports. Guinea (X units) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%). The following importers - Liberia (X units) and Senegal (X units) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to domestic coffee machine imports into Ghana stood at X%. At the same time, Guinea (X%), Liberia (X%), Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Ghana (X p.p.) and Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while Senegal and Cote d'Ivoire saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported domestic electric coffee or tea makers in Western Africa, comprising X% of total imports. The second position in the ranking was held by Guinea ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

In Ghana, domestic coffee machine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Guinea (X% per year) and Cote d'Ivoire (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, faced a abrupt decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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