Report Update Nov 1, 2024

Western Africa - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Crawler Tractor Market 2024

Crawler Tractor Market Size in Western Africa

The West African crawler tractor market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption, however, saw a pronounced downturn. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Crawler Tractor Production in Western Africa

In value terms, crawler tractor production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The growth pace was the most rapid in 2015 when the production volume increased by 37%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Crawler Tractor Exports

Exports in Western Africa

In 2021, the amount of crawler tractors exported in Western Africa amounted to X units, standing approx. at the previous year. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 2,200% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, crawler tractor exports surged to $X in 2021. Over the period under review, exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of 247%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of crawler tractors, namely Senegal, represented more than two-thirds of total export.

Senegal was also the fastest-growing in terms of the crawler tractors exports, with a CAGR of +8.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) also remains the largest crawler tractor supplier in Western Africa.

In Senegal, crawler tractor exports expanded at an average annual rate of +12.5% over the period from 2012-2021.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2021, rising by 52% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 612% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2012 to 2021, the rate of growth in terms of prices for Senegal amounted to +4.1% per year.

Crawler Tractor Imports

Imports in Western Africa

For the third consecutive year, Western Africa recorded growth in purchases abroad of crawler tractors, which increased by 161% to X units in 2021. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, crawler tractor imports surged to $X in 2021. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2014 when imports increased by 184%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Niger (X units) and Togo (X units) were the key importers of crawler tractors in 2021, finishing at near 39% and 28% of total imports, respectively. Ghana (X units) ranks next in terms of the total imports with a 12% share, followed by Cote d'Ivoire (9.2%). Mali (X units) and Mauritania (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of +60.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported crawler tractors in Western Africa, comprising 44% of total imports. The second position in the ranking was held by Togo ($X), with a 5.7% share of total imports. It was followed by Mali, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value in Ghana stood at +16.5%. In the other countries, the average annual rates were as follows: Togo (+63.6% per year) and Mali (+14.6% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, which is down by -36.2% against the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2016 when the import price increased by 103% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 Ghana ($X per unit), while Niger ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in Western Africa?

The countries with the highest volumes of in 2021 were Ghana, Guinea and Nigeria, with a combined 71% share of total consumption.

What are the largest producers of crawler tractors in Western Africa?

The countries with the highest volumes of in 2021 were Nigeria, Benin and Cote d'Ivoire, with a combined 91% share of total production.

What are the leading exporters of crawler tractors in Western Africa?

In value terms, Mali remains the largest crawler tractor supplier in Western Africa, comprising 85% of total exports. The second position in the ranking was occupied by Burkina Faso, with a 6.9% share of total exports.

What are the leading importers of crawler tractors in Western Africa?

In value terms, Senegal, Ghana and Mali constituted the countries with the highest levels of imports in 2021, together comprising 67% of total imports. Guinea, Nigeria, Mauritania and Togo lagged somewhat behind, together comprising a further 23%.

What is the average export price for crawler tractors in Western Africa?

The export price in Western Africa stood at $6,440 per unit in 2021, dropping by -22.2% against the previous year.

What is the average import price for crawler tractors in Western Africa?

The import price in Western Africa stood at $16,117 per unit in 2021, falling by -22.3% against the previous year.

This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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