Report Western Africa - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Western Africa - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Metal Treating Machine Market 2022

Metal Treating Machine Market Size in Western Africa

The West African metal treating machine market rose remarkably to $X in 2021, picking up by X% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Metal Treating Machine Production in Western Africa

In value terms, metal treating machine production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed a strong increase. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Treating Machine Exports

Exports in Western Africa

In 2021, metal treating machine exports in Western Africa skyrocketed to X units, rising by X% against 2020 figures. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal treating machine exports soared to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal dominates exports structure, recording X units, which was approx. X% of total exports in 2021. Nigeria (X units) took a minor share of total exports.

Senegal was also the fastest-growing in terms of the machines for treating metal, having individual functions exports, with a CAGR of +X% from 2012 to 2021. At the same time, Nigeria (+X%) displayed positive paces of growth. From 2012 to 2021, the share of Senegal increased by +X percentage points. Nigeria (-X p.p.) saw their shares reduced.

In value terms, the largest metal treating machine supplying countries in Western Africa were Senegal ($X) and Nigeria ($X terms of the main exporting countries, Senegal, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2021, dropping by -X% against the previous year. Over the period under review, the export price faced a sharp contraction. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Nigeria ($X per unit), while Senegal totaled $X per unit.

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

Metal Treating Machine Imports

Imports in Western Africa

In 2021, supplies from abroad of machines for treating metal, having individual functions decreased by -X% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, metal treating machine imports shrank significantly to $X in 2021. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Nigeria (X units) represented the key importer of machines for treating metal, having individual functions, committing X% of total imports. Ghana (X units) held the second position in the ranking, followed by Cote d'Ivoire (X units) and Senegal (X units). All these countries together held approx. X% share of total imports. Guinea (X units) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to metal treating machine imports into Nigeria stood at -X%. At the same time, Senegal (+X%) and Guinea (+X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. By contrast, Ghana (-X%) and Cote d'Ivoire (-X%) illustrated a downward trend over the same period. Nigeria (+X p.p.), Senegal (+X p.p.) and Guinea (+X p.p.) significantly strengthened its position in terms of the total imports, while Ghana and Cote d'Ivoire saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Guinea and Senegal lagged somewhat behind, together accounting for a further X, with a CAGR of -X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Guinea ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+X%), while the other leaders experienced mixed trends 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 machines for treating metal, having individual functions in Western Africa?
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The countries with the highest volumes of consumption in 2021 were Mali, Senegal and Benin, together accounting for 60% of total consumption.
What are the largest producers of machines for treating metal, having individual functions in Western Africa?
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The countries with the highest volumes of production in 2021 were Mali, Senegal and Benin, with a combined 62% share of total production.
What are the leading suppliers of machines for treating metal, having individual functions in Western Africa?
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In value terms, Senegal and Nigeria constituted the countries with the highest levels of exports in 2021.
What are the leading importers of machines for treating metal, having individual functions in Western Africa?
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In value terms, Nigeria, Ghana and Cote d'Ivoire constituted the countries with the highest levels of imports in 2021, together accounting for 86% of total imports. These countries were followed by Guinea and Senegal, which together accounted for a further 7.1%.
What is the average export price for machines for treating metal, having individual functions in Western Africa?
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The export price in Western Africa stood at $164 per unit in 2021, falling by -47.1% against the previous year.
What is the average import price for machines for treating metal, having individual functions in Western Africa?
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The import price in Western Africa stood at $362 per unit in 2021, rising by 138% against the previous year.

This report provides an in-depth analysis of the metal treating machine 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 28993905 - Machines for treating metal, having individual functions (excluding robots)
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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