ECOWAS: Blow-Moulding Machine Market 2025

Blow-Moulding Machine Market Size in ECOWAS

In 2022, the ECOWAS blow-moulding machine market decreased by -11.7% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption, however, enjoyed resilient growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in ECOWAS

In value terms, blow-moulding machine production rose markedly to $X in 2022 estimated in export price. Overall, production saw prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,103%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Blow-Moulding Machine Exports

Exports in ECOWAS

In 2022, approx. X units of blow-moulding machines for working rubber or plastics were exported in ECOWAS; rising by 50% on the year before. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 333%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, blow-moulding machine exports fell markedly to $X in 2022. Overall, exports saw a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 355% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X units) represented roughly 100% of total exports in 2022.

Nigeria was also the fastest-growing in terms of the blow-moulding machines for working rubber or plastics exports, with a CAGR of -7.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest blow-moulding machine supplier in ECOWAS.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at +23.0%.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, dropping by -44% against the previous year. In general, the export price, however, showed a significant increase. The growth pace was the most rapid in 2013 when the export price increased by 231% against the previous year. The level of export peaked at $X per unit in 2021, and then fell remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +33.2% per year.

Blow-Moulding Machine Imports

Imports in ECOWAS

In 2022, purchases abroad of blow-moulding machines for working rubber or plastics decreased by -37% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 149%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, blow-moulding machine imports reduced remarkably to $X in 2022. Overall, imports, however, recorded a modest expansion. The growth pace was the most rapid in 2018 with an increase of 100%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria (X units) and Ghana (X units) were the largest importers of blow-moulding machines for working rubber or plastics in 2022, finishing at approx. 37% and 30% of total imports, respectively. It was distantly followed by Cote d'Ivoire (X units), Guinea (X units) and Togo (X units), together creating a 24% share of total imports. Senegal (X units) and Mali (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported blow-moulding machines for working rubber or plastics in ECOWAS, comprising 49% of total imports. The second position in the ranking was taken by Ghana ($X), with a 19% share of total imports. It was followed by Cote d'Ivoire, with a 14% share.

In Nigeria, blow-moulding machine imports plunged by an average annual rate of -3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (+9.3% per year) and Cote d'Ivoire (+11.4% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per unit, increasing by 22% against the previous year. Overall, the import price, however, showed a perceptible descent. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+17.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform