Report Western Africa - Electrical Transformers - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Electrical Transformers - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Electrical Transformer Market 2022

Electrical Transformer Market Size in Western Africa

The West African electrical transformer market shrank to $X in 2019, standing approx. at the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the market value increased by 6.6% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then declined slightly in the following year.

Electrical Transformer Production in Western Africa

In value terms, electrical transformer production fell modestly to $X in 2019 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2016 with an increase of 6.4%. The level of production peaked at $X in 2018, and then declined modestly in the following year.

Electrical Transformer Exports

Exports in Western Africa

In 2019, shipments abroad of electrical transformers increased by 91% to X units, rising for the third consecutive year after two years of decline. Overall, exports showed a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical transformer exports contracted to $X in 2019. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 29% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Burkina Faso represented the key exporting country with an export of around X units, which amounted to 41% of total exports. It was distantly followed by Cote d'Ivoire (X units) and Sierra Leone (X units), together constituting a 48% share of total exports. The following exporters - Mauritania (X units) and Cabo Verde (X units) - together made up 4.2% of total exports.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Cote d'Ivoire (with a CAGR of +76.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformer supplying countries in Western Africa were Cote d'Ivoire ($X), Sierra Leone ($X) and Burkina Faso ($X), together comprising 18% of total exports. Mauritania and Cabo Verde lagged somewhat behind, together comprising a further 3.1%.

In terms of the main exporting countries, Mauritania, with a CAGR of +15.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2019, which is down by -54.9% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2019, the the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Mauritania ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Sierra Leone (+21.0%), while the other leaders experienced a decline in the export price figures.

Electrical Transformer Imports

Imports in Western Africa

In 2019, electrical transformer imports in Western Africa contracted sharply to X units, declining by -36.4% on the previous year's figure. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 122%. The volume of import peaked at X units in 2012; however, from 2013 to 2019, imports failed to regain momentum.

In value terms, electrical transformer imports reduced to $X in 2019. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 11%. The level of import peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Nigeria was the key importing country with an import of around X units, which recorded 63% of total imports. Ghana (X units) ranks second in terms of the total imports with a 13% share, followed by Liberia (6.7%). The following importers - Mali (X units), Senegal (X units), Cote d'Ivoire (X units) and Niger (X units) - together made up 12% of total imports.

Imports into Nigeria decreased at an average annual rate of -12.5% from 2012 to 2019. At the same time, Liberia (+21.2%), Mali (+19.9%), Niger (+17.2%), Cote d'Ivoire (+11.1%) and Senegal (+3.4%) displayed positive paces of growth. Moreover, Liberia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +21.2% from 2012-2019. By contrast, Ghana (-12.5%) illustrated a downward trend over the same period. Liberia (+5.8 p.p.), Mali (+3.4 p.p.), Cote d'Ivoire (+2.2 p.p.), Senegal (+2 p.p.) and Niger (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Ghana and Nigeria saw its share reduced by -3% and -14.6% from 2012 to 2019, respectively.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Ghana ($X) constituted the countries with the highest levels of imports in 2019, together accounting for 70% of total imports. Senegal, Niger, Mali and Liberia lagged somewhat behind, together comprising a further 14%.

Niger, with a CAGR of +12.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price in Western Africa amounted to $X per unit, growing by 45% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 126% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2019, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Cote d'Ivoire ($X per unit), while Liberia ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-1.1%), while the other leaders experienced a decline in the import price figures.

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 transformers in Western Africa?
+
The countries with the highest volumes of consumption in 2019 were Cote d'Ivoire, Burkina Faso and Togo, with a combined 78% share of total consumption.
What are the largest producers of electrical transformers in Western Africa?
+
The countries with the highest volumes of production in 2019 were Cote d'Ivoire, Burkina Faso and Togo, with a combined 78% share of total production.
What are the leading exporters of electrical transformers in Western Africa?
+
In value terms, the largest electrical transformer supplying countries in Western Africa were Cote d'Ivoire, Sierra Leone and Burkina Faso, together accounting for 18% of total exports. These countries were followed by Mauritania and Cabo Verde, which together accounted for a further 3.1%.
What are the leading importers of electrical transformers in Western Africa?
+
In value terms, the largest electrical transformer importing markets in Western Africa were Nigeria, Cote d'Ivoire and Ghana, together accounting for 70% of total imports. Senegal, Niger, Mali and Liberia lagged somewhat behind, together accounting for a further 14%.
What is the average export price for electrical transformers in Western Africa?
+
The export price in Western Africa stood at $130 per unit in 2019, reducing by -54.9% against the previous year.
What is the average import price for electrical transformers in Western Africa?
+
The import price in Western Africa stood at $332 per unit in 2019, growing by 45% against the previous year.

This report provides an in-depth analysis of the electrical transformer 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 27114120 - Liquid dielectric transformers having a power handling capacity . .650 kVA
• Prodcom 27114150 - Liquid dielectric transformers having a power handling capacity > .650 kVA but . .10 .000 kVA
• Prodcom 27114180 - Liquid dielectric transformers having a power handling capacity > .10 .000 kVA
• Prodcom 27114220 - Measuring transformers having a power handling capacity . 1 kVA (including for voltage measurement)
• Prodcom 27114240 - Other transformers, n.e.c., having a power handling capacity. 1 kVA
• Prodcom 27114260 - Other transformers, having a power handling capacity > 1 kVA but . .16 kVA
• Prodcom 27114330 - Transformers, n.e.c., having a power handling capacity > .16 kVA but . .500 kVA
• Prodcom 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
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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