Western Africa: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Western Africa

The West African fruit-preparation industrial machinery market reduced to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption, however, posted a resilient increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Production in Western Africa

In value terms, fruit-preparation industrial machinery production amounted to $X in 2023 estimated in export price. Overall, production, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports in Western Africa

Fruit-preparation industrial machinery exports contracted sharply to X units in 2023, waning by X% against 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, fruit-preparation industrial machinery exports reduced dramatically to $X in 2023. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Ghana (X units), distantly followed by Nigeria (X units) represented the key exporters of industrial machinery for the preparation of fruits, nuts or vegetables, together creating X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Nigeria (with a CAGR of X%).

In value terms, Ghana ($X) remains the largest fruit-preparation industrial machinery supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.

In Ghana, fruit-preparation industrial machinery exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2023, declining by X% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Nigeria amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%).

Fruit-Preparation Industrial Machinery Imports

Imports in Western Africa

In 2023, purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by X% to X units, falling for the third year in a row after three years of growth. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports shrank dramatically to $X in 2023. Over the period under review, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Nigeria (X units) and Senegal (X units) represented the largest importers of industrial machinery for the preparation of fruits, nuts or vegetables in 2023, amounting to near X% and X% of total imports, respectively. Cote d'Ivoire (X units) ranks next in terms of the total imports with a X% share, followed by Ghana (X%). The following importers - Burkina Faso (X units), Benin (X units) and Guinea (X units) - each recorded a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit-preparation industrial machinery importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X), with a combined X% share of total imports. Senegal, Guinea, Benin and Burkina Faso lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2023, the import price in Western Africa amounted to $X per unit, falling by X% against the previous year. Overall, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Guinea ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform