Western Africa: Cement Pipe Market 2024

Cement Pipe Market Size in Western Africa

In 2022, the West African cement pipe market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption, however, recorded a strong increase. The level of consumption peaked at $X in 2021, and then shrank sharply in the following year.

Cement Pipe Production in Western Africa

In value terms, cement pipe production shrank slightly to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Cement Pipe Exports

Exports in Western Africa

In 2022, overseas shipments of pipes and other articles of cement increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, cement pipe exports skyrocketed to $X in 2022. Overall, exports recorded a notable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Senegal represented the key exporter of pipes and other articles of cement in Western Africa, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Benin (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Sierra Leone (X%). Mali (X units) and Cote d'Ivoire (X units) took a little share of total exports.

Exports from Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Mali (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing exporter exported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Benin (X%), Sierra Leone (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Sierra Leone (X p.p.) and Mali (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Benin (X p.p.) and Cote d'Ivoire (X p.p.) displayed negative dynamics.

In value terms, Senegal ($X) emerged as the largest cement pipe supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Benin ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

In Senegal, cement pipe exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Benin (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced a decline in the export price figures.

Cement Pipe Imports

Imports in Western Africa

In 2022, cement pipe imports in Western Africa surged to X units, jumping by X% on 2021. Overall, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cement pipe imports totaled $X in 2022. In general, imports saw a slight expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Guinea (X units) and Senegal (X units) were the main importers of pipes and other articles of cement in 2022, finishing at near X% and X% of total imports, respectively. It was distantly followed by Nigeria (X units) and Ghana (X units), together constituting a X% share of total imports. The following importers - Cote d'Ivoire (X units), Benin (X units) and Niger (X units) - each recorded a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Niger (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Ghana ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Guinea, Cote d'Ivoire, Niger and Benin lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Niger, 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 2022, the import price in Western Africa amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per unit), while Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, 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 Platform

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