Western Africa: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Western Africa

In 2022, the West African non-electric chainsaw market decreased by -71.5% to $X, falling for the third consecutive year after five years of growth. Overall, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Chainsaw Production in Western Africa

In value terms, non-electric chainsaw production contracted to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 7,155%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Chainsaw Exports

Exports in Western Africa

In 2022, shipments abroad of chainsaws with a self-contained non-electric motor decreased by -0.2% to X units, falling for the second year in a row after three years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 880% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric chainsaw exports reached $X in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 1,098%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Togo dominates exports structure, amounting to X units, which was approx. 96% of total exports in 2022. Ghana (X units) held a relatively small share of total exports.

Togo was also the fastest-growing in terms of the chainsaws with a self-contained non-electric motor exports, with a CAGR of +52.3% from 2012 to 2022. At the same time, Ghana (+1.1%) displayed positive paces of growth. Togo (+77 p.p.) significantly strengthened its position in terms of the total exports, while Ghana saw its share reduced by -39.3% from 2012 to 2022, respectively.

In value terms, Togo ($X) remains the largest non-electric chainsaw supplier in Western Africa, comprising 96% of total exports. The second position in the ranking was held by Ghana ($X), with a 1.9% share of total exports.

In Togo, non-electric chainsaw exports increased at an average annual rate of +49.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 22%. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (-0.8%).

Non-Electric Chainsaw Imports

Imports in Western Africa

In 2022, supplies from abroad of chainsaws with a self-contained non-electric motor decreased by -69.5% to X units, falling for the third year in a row after three years of growth. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 when imports increased by 732% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-electric chainsaw imports declined remarkably to $X in 2022. Over the period under review, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 379%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria was the largest importer of chainsaws with a self-contained non-electric motor in Western Africa, with the volume of imports reaching X units, which was approx. 67% of total imports in 2022. It was distantly followed by Ghana (X units), making up a 20% share of total imports. Cote d'Ivoire (X units), Liberia (X units) and Cabo Verde (X units) held a minor share of total imports.

Imports into Nigeria increased at an average annual rate of +15.1% from 2012 to 2022. At the same time, Cabo Verde (+43.4%), Ghana (+14.2%) and Liberia (+5.3%) displayed positive paces of growth. Moreover, Cabo Verde emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +43.4% from 2012-2022. By contrast, Cote d'Ivoire (-3.3%) illustrated a downward trend over the same period. Nigeria (+11 p.p.) and Ghana (+2 p.p.) significantly strengthened its position in terms of the total imports, while Liberia and Cote d'Ivoire saw its share reduced by -2.9% and -12.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported chainsaws with a self-contained non-electric motor in Western Africa, comprising 78% of total imports. The second position in the ranking was taken by Ghana ($X), with an 11% share of total imports. It was followed by Cote d'Ivoire, with a 3.9% share.

In Nigeria, non-electric chainsaw imports increased at an average annual rate of +11.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (+3.3% per year) and Cote d'Ivoire (-5.8% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per unit, shrinking by -10.5% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of 52% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per unit), while Liberia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (-2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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