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Western Africa - Iron or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Iron Or Steel Solid Fuel Domestic Appliances 2024
Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Western Africa
The West African metal solid fuel appliances market skyrocketed to $X in 2023, surging by X% against the previous year. In general, consumption recorded a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Iron Or Steel Solid Fuel Domestic Appliances in Western Africa
In value terms, metal solid fuel appliances production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production posted strong growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.
Exports of Iron Or Steel Solid Fuel Domestic Appliances
Exports in Western Africa
In 2023, the amount of iron or steel solid fuel domestic appliances exported in Western Africa soared to X units, jumping by X% compared with 2022 figures. Overall, exports recorded a strong increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, metal solid fuel appliances exports skyrocketed to $X in 2023. Over the period under review, exports showed significant growth. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
Exports by Country
Benin represented the major exporting country with an export of about X units, which finished at X% of total exports. Cote d'Ivoire (X units) took the second position in the ranking, followed by Senegal (X units). All these countries together took approx. X% share of total exports. The following exporters - Mali (X units) and Togo (X units) - each amounted to a X% share of total exports.
Benin was also the fastest-growing in terms of the iron or steel solid fuel domestic appliances exports, with a CAGR of X% from 2012 to 2023. At the same time, Cote d'Ivoire (X%) displayed positive paces of growth. Togo and Mali experienced a relatively flat trend pattern. By contrast, Senegal (X%) illustrated a downward trend over the same period. While the share of Benin (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Togo (X p.p.), Mali (X p.p.), Cote d'Ivoire (X p.p.) and Senegal (X p.p.) displayed negative dynamics.
In value terms, Benin ($X) emerged as the largest metal solid fuel appliances supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Togo, with a X% share.
From 2012 to 2023, the average annual growth rate of value in Benin amounted to X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Togo (X% per year).
Export Prices by Country
In 2023, the export price in Western Africa amounted to $X per unit, rising by X% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Benin ($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.
Imports of Iron Or Steel Solid Fuel Domestic Appliances
Imports in Western Africa
In 2023, the amount of iron or steel solid fuel domestic appliances imported in Western Africa fell markedly to X units, with a decrease of X% on 2022 figures. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of X units, and then fell notably in the following year.
In value terms, metal solid fuel appliances imports dropped rapidly to $X in 2023. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.
Imports by Country
Senegal dominates imports structure, reaching X units, which was approx. X% of total imports in 2023. Ghana (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Gambia (X%). The following importers - Nigeria (X units), Cote d'Ivoire (X units), Cabo Verde (X units) and Mauritania (X units) - together made up X% of total imports.
Imports into Senegal increased at an average annual rate of X% from 2012 to 2023. At the same time, Gambia (X%), Cabo Verde (X%), Ghana (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. By contrast, Nigeria (X%) and Mauritania (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Senegal and Gambia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest metal solid fuel appliances importing markets in Western Africa were Ghana ($X), Gambia ($X) and Nigeria ($X), with a combined X% share of total imports.
Gambia, with a CAGR of X%, saw the highest rates of growth with regard to 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
The import price in Western Africa stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($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 Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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