Western Africa: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Western Africa

The West African scrapers excavator market declined slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw significant growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Scrapers Excavator Production in Western Africa

In value terms, scrapers excavator production contracted modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Scrapers Excavator Exports

Exports in Western Africa

In 2022, shipments abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a mild increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, scrapers excavator exports skyrocketed to $X in 2022. In general, exports, however, showed a perceptible contraction. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal represented the main exporting country with an export of about X units, which reached X% of total exports. Ghana (X units) held the second position in the ranking, distantly followed by Cote d'Ivoire (X units), Niger (X units), Burkina Faso (X units) and Benin (X units). All these countries together held near X% share of total exports. Mali (X units) held a minor share of total exports.

Senegal was also the fastest-growing in terms of the scrapers earth moving, excavating, extracting machinery (not self-propelled) exports, with a CAGR of X% from 2012 to 2022. At the same time, Burkina Faso (X%) displayed positive paces of growth. Cote d'Ivoire, Benin, Mali and Niger experienced a relatively flat trend pattern. By contrast, Ghana (X%) illustrated a downward trend over the same period. Senegal (X p.p.) and Burkina Faso (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana 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, Cote d'Ivoire ($X) emerged as the largest scrapers excavator supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Benin, with a X% share.

In Cote d'Ivoire, scrapers excavator exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Benin (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while Ghana ($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 more modest paces of growth.

Scrapers Excavator Imports

Imports in Western Africa

In 2022, supplies from abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) decreased by X% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, scrapers excavator imports dropped significantly to $X in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ghana (X units) and Nigeria (X units) represented the key importers of scrapers earth moving, excavating, extracting machinery (not self-propelled) in Western Africa, together constituting X% of total imports. Senegal (X units) took the next position in the ranking, followed by Mali (X units), Guinea (X units), Cote d'Ivoire (X units) and Sierra Leone (X units). All these countries together held near X% share of total imports. The following importers - Liberia (X units), Benin (X units), Gambia (X units), Burkina Faso (X units) and Niger (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Ghana ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Cote d'Ivoire, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Cote d'Ivoire ($X per unit), while Gambia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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