ECOWAS: Motor Scraper Market 2024

Motor Scraper Market Size in ECOWAS

In 2022, the ECOWAS motor scraper market decreased by X% to $X, falling for the third year in a row after four years of growth. In general, consumption saw a noticeable reduction. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Motor Scraper Production in ECOWAS

In value terms, motor scraper production declined to $X in 2022 estimated in export price. In general, production, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Motor Scraper Exports

Exports in ECOWAS

In 2022, shipments abroad of motor scrapers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, motor scraper exports soared to $X in 2022. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of motor scrapers, namely Ghana, Mali and Burkina Faso, represented more than two-thirds of total export. Niger (X units) took the next position in the ranking, followed by Sierra Leone (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Ghana (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Niger ($X), Mali ($X) and Sierra Leone ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Niger, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Niger ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Motor Scraper Imports

Imports in ECOWAS

In 2022, purchases abroad of motor scrapers decreased by X% to X units, falling for the third consecutive year after three years of growth. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, motor scraper imports expanded remarkably to $X in 2022. Over the period under review, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria (X units) and Ghana (X units) represented roughly X% of total imports in 2022. Senegal (X units) ranks next in terms of the total imports with a X% share, followed by Guinea (X%), Mali (X%), Cote d'Ivoire (X%) and Burkina Faso (X%). The following importers - Benin (X units) and Niger (X units) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Guinea (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

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

Among the main importing countries, Niger, with a CAGR of X%, saw 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 ECOWAS amounted to $X per unit, growing by X% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price 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, motor scraper import price increased by X% against 2018 indices. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Niger ($X per unit), while Benin ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform