
Western Africa - Diesel-Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Diesel-Electric Locomotive Market 2022
Diesel-Electric Locomotive Market Size in Western Africa
After two years of growth, the West African diesel-electric locomotive market decreased by -2.4% to $X in 2021. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +27.6% against 2018 indices. The level of consumption peaked at $X in 2020, and then shrank slightly in the following year.
Diesel-Electric Locomotive Production in Western Africa
In value terms, diesel-electric locomotive production shrank to $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +29.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 47%. Over the period under review, production reached the peak level at $X in 2020, and then fell in the following year.
Diesel-Electric Locomotive Exports
Exports in Western Africa
In 2017, approx. X units of diesel-electric locomotives were exported in Western Africa; stabilizing at 2016 figures. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2017 and are expected to retain growth in the near future.
In value terms, diesel-electric locomotive exports totaled $X in 2017. Overall, exports recorded a relatively flat trend pattern. The level of export peaked in 2017 and is expected to retain growth in years to come.
Exports by Country
In 2017, Cote d'Ivoire (X units) was the largest exporter of diesel-electric locomotives in Western Africa, constituting 100% of total export.
Cote d'Ivoire experienced a relatively flat trend pattern with regard to volume of exports of diesel-electric locomotives. The shares of the largest exporters remained relatively stable throughout the analyzed period.
From 2017 to 2017, the average annual rate of growth in terms of value in Cote d'Ivoire was relatively modest.
Diesel-Electric Locomotive Imports
Imports in Western Africa
In 2021, the amount of diesel-electric locomotives imported in Western Africa skyrocketed to X units, picking up by 17% compared with 2020 figures. Over the period under review, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of 121% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, diesel-electric locomotive imports skyrocketed to $X in 2021. Overall, imports, however, showed a slight descent. The pace of growth was the most pronounced in 2018 with an increase of 100% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Nigeria (X units) were the largest importers of diesel-electric locomotives in Western Africa, together finishing at near 60% of total imports. It was followed by Cote d'Ivoire (X units), Guinea (X units), Nigeria (X units), Liberia (X units) and Senegal (X units), together constituting a 100% share of total imports. Senegal (X units) held a minor share of total imports.
From 2012 to 2021, average annual rates of growth with regard to diesel-electric locomotives imports into Nigeria and Sierra Leone stood at +24.1% and -37.5%, respectively. At the same time, Nigeria (+24.1%), Guinea (+11.5%) and Liberia (+4.6%) displayed positive paces of growth. Cote d'Ivoire and Mauritania experienced a relatively flat trend pattern. By contrast, Senegal (-11.5%) illustrated a downward trend over the same period. While the share of Nigeria (+49 p.p.) and Guinea (+12 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Cote d'Ivoire (-1.7 p.p.), Senegal (-8.3 p.p.), Mauritania (-22.2 p.p.) and Sierra Leone (-29.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported diesel-electric locomotives in Western Africa, comprising 52% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 17% share of total imports. It was followed by Guinea, with a 15% share.
In Nigeria, diesel-electric locomotive imports expanded at an average annual rate of +37.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+5.0% per year) and Guinea (+27.3% per year).
Import Prices by Country
The import price in Western Africa stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2015 when the import price increased by 29% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Cote d'Ivoire ($X per unit), while Senegal ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Liberia (+15.8%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the diesel-electric locomotive 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 30201200 - Diesel-electric locomotives
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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