Report Western Africa - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 13, 2022

Western Africa - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Western Africa: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Western Africa

The West African way-type unit head market shrank notably to $X in 2021, waning by -X% against the previous year. Overall, consumption, however, enjoyed a significant increase. As a result, consumption attained the peak level of $X, and then fell rapidly in the following year.

Way-Type Unit Head Production in Western Africa

In value terms, way-type unit head production declined significantly to $X in 2021 estimated in export price. In general, production, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then declined notably in the following year.

Way-Type Unit Head Exports

Exports in Western Africa

In 2021, exports of way-type unit heads for working metal in Western Africa soared to X kg, with an increase of X% against the previous year. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, way-type unit head exports rose markedly to $X in 2021. Overall, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Nigeria (X kg) was the major exporter of way-type unit heads for working metal, generating X% of total exports. It was distantly followed by Guinea (X kg), making up a X% share of total exports.

Nigeria was also the fastest-growing in terms of the way-type unit heads for working metal exports, with a CAGR of +X% from 2012 to 2021. At the same time, Guinea (+X%) displayed positive paces of growth. Nigeria (+X p.p.) and Guinea (+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, Nigeria ($X) remains the largest way-type unit head supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Guinea ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Nigeria stood at -X%.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, waning by -X% against the previous year. In general, the export price saw a significant decrease. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Guinea amounted to $X per ton.

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

Way-Type Unit Head Imports

Imports in Western Africa

In 2021, purchases abroad of way-type unit heads for working metal decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, way-type unit head imports reduced rapidly to $X in 2021. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

Ghana was the largest importer of way-type unit heads for working metal in Western Africa, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2021. Nigeria (X tons) ranks second in terms of the total imports with a X% share, followed by Cote d'Ivoire (X%), Mauritania (X%) and Liberia (less than X%). The following importers - Sierra Leone (X kg) and Burkina Faso (X kg) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to way-type unit head imports into Ghana stood at +X%. At the same time, Burkina Faso (+X%), Liberia (+X%), Sierra Leone (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +X% from 2012-2021. By contrast, Nigeria (-X%) and Mauritania (-X%) illustrated a downward trend over the same period. While the share of Ghana (+X p.p.), Burkina Faso (less than X p.p.) and Liberia (less than X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mauritania (-X p.p.) and Nigeria (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X), Nigeria ($X) and Ghana ($X) were the countries with the highest levels of imports in 2021, together comprising X% of total imports. These countries were followed by Sierra Leone, Burkina Faso, Liberia and Mauritania, which together accounted for a further X Faso, 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 2021, the import price in Western Africa amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+X%), while the other leaders experienced a decline 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 way-type unit heads for working metal in Western Africa?
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Nigeria remains the largest way-type unit head consuming country in Western Africa, accounting for 74% of total volume. Moreover, way-type unit head consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, more than tenfold. Cote d'Ivoire ranked third in terms of total consumption with less than 0.1% share.
What are the largest producers of way-type unit heads for working metal in Western Africa?
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Nigeria remains the largest way-type unit head producing country in Western Africa, comprising approx. 74% of total volume. Moreover, way-type unit head production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, more than tenfold. The third position in this ranking was taken by Cote d'Ivoire, with less than 0.1% share.
What are the leading suppliers of way-type unit heads for working metal in Western Africa?
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In value terms, Nigeria $256) remains the largest way-type unit head supplier in Western Africa, comprising 84% of total exports. The second position in the ranking was held by Guinea $48), with a 16% share of total exports.
What are the leading importers of way-type unit heads for working metal in Western Africa?
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In value terms, Cote d'Ivoire, Nigeria and Ghana appeared to be the countries with the highest levels of imports in 2021, with a combined 81% share of total imports. These countries were followed by Sierra Leone, Burkina Faso, Liberia and Mauritania, which together accounted for a further 11%.
What is the average export price for way-type unit heads for working metal in Western Africa?
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The export price in Western Africa stood at $1,156 per ton in 2021, which is down by -5.6% against the previous year.
What is the average import price for way-type unit heads for working metal in Western Africa?
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In 2021, the import price in Western Africa amounted to $14,782 per ton, which is down by -25.3% against the previous year.

This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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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