Western Africa: Fire-Fighting Vehicle Market 2024

Fire-Fighting Vehicle Market Size in Western Africa

In 2022, the West African fire-fighting vehicle market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Fire-Fighting Vehicle Production in Western Africa

In value terms, fire-fighting vehicle production fell slightly to $X in 2022 estimated in export price. In general, production saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Fire-Fighting Vehicle Exports

Exports in Western Africa

Fire-fighting vehicle exports fell dramatically to X units in 2022, declining by X% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, fire-fighting vehicle exports declined to $X in 2022. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of fire-fighting vehicles, namely Cote d'Ivoire, represented more than two-thirds of total export.

Cote d'Ivoire was also the fastest-growing in terms of the fire-fighting vehicles exports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) also remains the largest fire-fighting vehicle supplier in Western Africa.

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

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, with an increase of X% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Fire-Fighting Vehicle Imports

Imports in Western Africa

After three years of decline, supplies from abroad of fire-fighting vehicles increased by X% to X units in 2022. In general, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fire-fighting vehicle imports soared to $X in 2022. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Nigeria was the main importing country with an import of around X units, which finished at X% of total imports. It was distantly followed by Burkina Faso (X units), Guinea (X units), Senegal (X units), Ghana (X units), Mali (X units), Mauritania (X units) and Niger (X units), together creating a X% share of total imports. Cote d'Ivoire (X units), Cabo Verde (X units), Gambia (X units), Sierra Leone (X units) and Liberia (X units) held a minor share of total imports.

Nigeria experienced a relatively flat trend pattern with regard to volume of imports of fire-fighting vehicles. At the same time, Gambia (X%), Ghana (X%), Mali (X%), Niger (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Mauritania (X%), Senegal (X%), Sierra Leone (X%), Liberia (X%), Burkina Faso (X%) and Cabo Verde (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Ghana (X p.p.), Guinea (X p.p.), Mali (X p.p.), Niger (X p.p.), Gambia (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total imports, while Cabo Verde saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported fire-fighting vehicles in Western Africa, comprising X% of total imports. The second position in the ranking was held by Senegal ($X), with an X% share of total imports. It was followed by Ghana, with a X% share.

In Nigeria, fire-fighting vehicle imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Ghana (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, jumping by X% against the previous year. In general, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per unit), while Gambia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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