ECOWAS: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2025

Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in ECOWAS

The ECOWAS turbo-propeller (over X kW) market contracted to $X in 2022, flattening at the previous year. In general, consumption showed a resilient increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Turbo-Propellers Of A Power Exceeding X kW in ECOWAS

In value terms, turbo-propeller (over X kW) production expanded slightly to $X in 2022 estimated in export price. Overall, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Exports in ECOWAS

In 2022, after two years of growth, there was significant decline in shipments abroad of turbo-propellers of a power exceeding X kW, when their volume decreased by X% to X units. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, turbo-propeller (over X kW) exports fell sharply to $X in 2022. Overall, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Liberia represented the key exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Cote d'Ivoire (X units), generating a X% share of total exports.

Liberia was also the fastest-growing in terms of the turbo-propellers of a power exceeding X kW exports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire experienced a relatively flat trend pattern. Cote d'Ivoire (X p.p.) and Liberia (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, Liberia ($X) emerged as the largest turbo-propeller (over X kW) supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports.

In Liberia, turbo-propeller (over X kW) exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in ECOWAS stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then fell markedly in the following year.

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 Liberia ($X per unit), while Cote d'Ivoire amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW

Imports in ECOWAS

In 2022, purchases abroad of turbo-propellers of a power exceeding X kW increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, turbo-propeller (over X kW) imports contracted significantly to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Senegal prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. Cote d'Ivoire (X units), Mali (X units), Burkina Faso (X units) and Niger (X units) followed a long way behind the leaders.

Senegal was also the fastest-growing in terms of the turbo-propellers of a power exceeding X kW imports, with a CAGR of X% from 2012 to 2022. At the same time, Burkina Faso (X%) and Niger (X%) displayed positive paces of growth. Mali experienced a relatively flat trend pattern. By contrast, Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Senegal, Burkina Faso and Niger increased by X, X and X percentage points, respectively.

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

Among the main importing countries, Senegal, 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, which is down by X% against the previous year. In general, the import price recorded a precipitous decrease. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per unit in 2019; however, from 2020 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 Burkina Faso ($X per unit), while Senegal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform