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Report Western Africa - Continuous and Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Continuous and Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Totaliser Market 2024

Totaliser Market Size in Western Africa

After three years of growth, the West African totaliser market decreased by -70.6% to $X in 2021. Overall, consumption, however, posted a significant expansion. The level of consumption peaked at $X in 2020, and then reduced notably in the following year.

Totaliser Production in Western Africa

In value terms, totaliser production expanded notably to $X in 2021 estimated in export price. In general, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 99%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Totaliser Exports

Exports in Western Africa

In 2020, approx. X units of continuous and discontinuous totalisers were exported in Western Africa; jumping by 500% against 2019. Overall, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, totaliser exports soared to $X in 2020. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2020, jumping by 153% against the previous year. In general, the export price saw measured growth. The growth pace was the most rapid in 2017 when the export price increased by 193%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Togo (+63.8%), while the other leaders experienced mixed trends in the export price figures.

Totaliser Imports

Imports in Western Africa

After four years of growth, supplies from abroad of continuous and discontinuous totalisers decreased by -68.4% to X units in 2021. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 199% against the previous year. The volume of import peaked at X units in 2020, and then fell notably in the following year.

In value terms, totaliser imports declined markedly to $X in 2021. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 338% against the previous year. The level of import peaked at $X in 2020, and then shrank dramatically in the following year.

Imports by Country

Nigeria dominates imports structure, resulting at X units, which was near 74% of total imports in 2021. It was distantly followed by Burkina Faso (X units), generating a 6.6% share of total imports. Ghana (X units), Cote d'Ivoire (X units), Guinea (X units) and Senegal (X units) held a little share of total imports.

Nigeria was also the fastest-growing in terms of the continuous and discontinuous totalisers imports, with a CAGR of +67.6% from 2012 to 2021. At the same time, Burkina Faso (+53.2%), Cote d'Ivoire (+16.7%), Senegal (+15.7%), Ghana (+13.7%) and Guinea (+8.8%) displayed positive paces of growth. Nigeria (+68 p.p.) and Burkina Faso (+5.3 p.p.) significantly strengthened its position in terms of the total imports, while Senegal, Cote d'Ivoire, Guinea and Ghana saw its share reduced by -2.8%, -4.5%, -7.1% and -7.8% from 2012 to 2021, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported continuous and discontinuous totalisers in Western Africa, comprising 90% of total imports. The second position in the ranking was taken by Senegal ($X), with a 3.4% share of total imports. It was followed by Cote d'Ivoire, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to +65.5%. In the other countries, the average annual rates were as follows: Senegal (+26.0% per year) and Cote d'Ivoire (+11.6% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, dropping by -9.3% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, totaliser import price decreased by -18.8% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 76%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Senegal ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+9.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Nigeria, Niger and Burkina Faso, together comprising 69% of total consumption.
The countries with the highest volumes of in 2021 were Niger, Burkina Faso and Guinea, together comprising 70% of total production.
In value terms, Nigeria remains the largest totaliser supplier in Western Africa, comprising 72% of total exports. The second position in the ranking was occupied by Senegal, with a 21% share of total exports.
In 2021, the e in Western Africa amounted to $1,319 per unit, which is down by -66.5% against the previous year.
The import price in Western Africa stood at $10,525 per unit in 2021, growing by 4.4% against the previous year.

This report provides an in-depth analysis of the totaliser market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28293130 - Continuous and discontinuous totalisers

Country coverage:

  • Benin
  • Burkina Faso
  • Cabo Verde
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Mauritania
  • Niger
  • Nigeria
  • Saint Helena, Ascension and Tristan da Cunha
  • Senegal
  • Sierra Leone
  • Togo
  • Cote d'Ivoire

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Western Africa, split by region and country
  • Trade (exports and imports) in Western Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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