Western Africa: Special Vehicle Body Market 2025

Special Vehicle Body Market Size in Western Africa

In 2022, after two years of growth, there was decline in the West African special vehicle body market, when its value decreased by X% to $X. In general, consumption, however, showed a prominent increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Special Vehicle Body Production in Western Africa

In value terms, special vehicle body production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Special Vehicle Body Exports

Exports in Western Africa

In 2022, overseas shipments of bodies for special purpose motor vehicles increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, special vehicle body exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Nigeria (X units), distantly followed by Cote d'Ivoire (X units), Mali (X units), Niger (X units) and Burkina Faso (X units) represented the main exporters of bodies for special purpose motor vehicles, together mixing up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mali ($X), Nigeria ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Nigeria, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum 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 Mali ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Special Vehicle Body Imports

Imports in Western Africa

In 2022, after two years of growth, there was significant decline in purchases abroad of bodies for special purpose motor vehicles, when their volume decreased by X% to X units. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, special vehicle body imports fell markedly to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. 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 2021, and then dropped rapidly in the following year.

Imports by Country

Ghana represented the main importing country with an import of around X units, which recorded X% of total imports. Cote d'Ivoire (X units) took the second position in the ranking, followed by Nigeria (X units). All these countries together held approx. X% share of total imports. The following importers - Guinea (X units) and Togo (X units) - each reached a X% share of total imports.

Imports into Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%), Cote d'Ivoire (X%), Guinea (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire (X p.p.), Ghana (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest special vehicle body importing markets in Western Africa were Ghana ($X), Cote d'Ivoire ($X) and Nigeria ($X), together comprising X% of total imports. Togo and Guinea lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Togo, with a CAGR of X%, recorded the highest growth rate of 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 Western Africa amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the 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 Togo ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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