Report Western Africa - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Electrical Insulating Fittings of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Electrical Insulating Fittings Market 2022

Electrical Insulating Fittings Market Size in Western Africa

In 2021, the West African electrical insulating fittings market was finally on the rise to reach $X after two years of decline. In general, consumption posted a prominent expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Electrical Insulating Fittings Production in Western Africa

In value terms, electrical insulating fittings production rose to $X in 2021 estimated in export price. Over the period under review, production posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Electrical Insulating Fittings Exports

Exports in Western Africa

For the third consecutive year, Western Africa recorded growth in overseas shipments of electrical insulating fittings of plastics, which increased by X% to X tons in 2021. Overall, exports, however, saw a abrupt slump. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, electrical insulating fittings exports reduced to $X in 2021. In general, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Cote d'Ivoire (X kg) represented the major exporter of electrical insulating fittings of plastics, making up X% of total exports. Senegal (X kg) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Sierra Leone (X%). Mali (X kg) and Ghana (X kg) followed a long way behind the leaders.

Cote d'Ivoire was also the fastest-growing in terms of the electrical insulating fittings of plastics exports, with a CAGR of +X% from 2012 to 2021. At the same time, Mali (+X%) displayed positive paces of growth. By contrast, Sierra Leone (-X%), Senegal (-X%) and Ghana (-X%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+X p.p.) and Mali (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sierra Leone (-X p.p.), Ghana (-X p.p.) and Senegal (-X p.p.) displayed negative dynamics.

In value terms, Senegal ($X), Cote d'Ivoire ($X) and Sierra Leone ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of total exports.

Cote d'Ivoire, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sierra Leone ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+X%), while the other leaders experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports in Western Africa

In 2021, supplies from abroad of electrical insulating fittings of plastics was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulating fittings imports surged to $X in 2021. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2021. Ghana (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electrical insulating fittings imports into Nigeria stood at +X%. At the same time, Ghana (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Nigeria increased by +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported electrical insulating fittings of plastics in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports.

In Nigeria, electrical insulating fittings imports increased at an average annual rate of +X% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, falling by -X% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (-X%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in Western Africa?
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The countries with the highest volumes of in 2021 were Nigeria, Niger and Burkina Faso, with a combined 70% share of total consumption.
What are the largest producers of electrical insulating fittings of plastics in Western Africa?
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The countries with the highest volumes of in 2021 were Niger, Burkina Faso and Benin, together accounting for 78% of total production. Sierra Leone and Guinea-Bissau lagged somewhat behind, together accounting for a further 22%.
What are the leading exporters of electrical insulating fittings of plastics in Western Africa?
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In value terms, the largest electrical insulating fittings supplying countries in Western Africa were Senegal, Cote d'Ivoire and Sierra Leone, together accounting for 84% of total exports.
What are the leading importers of electrical insulating fittings of plastics in Western Africa?
+
In value terms, Nigeria constitutes the largest market for imported electrical insulating fittings of plastics in Western Africa, comprising 96% of total imports. The second position in the ranking was held by Ghana, with a 1.9% share of total imports.
What is the average export price for electrical insulating fittings of plastics in Western Africa?
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In 2021, the export price in Western Africa amounted to $10,449 per ton, which is down by -57.1% against the previous year.
What is the average import price for electrical insulating fittings of plastics in Western Africa?
+
In 2021, the import price in Western Africa amounted to $8,198 per ton, falling by -19.8% against the previous year.

This report provides an in-depth analysis of the electrical insulating fittings 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 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)
Country coverage:
• Benin
• Burkina Faso
• Cabo Verde
• Cote d'Ivoire
• Gambia
• Guinea
• Guinea-Bissau
• Liberia
• Mali
• Mauritania
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• 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
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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