Western Africa - Dry-Cleaning Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Dry-Cleaning Machine Market 2024
Dry-Cleaning Machine Market Size in Western Africa
After three years of growth, the West African dry-cleaning machine market decreased by -63.5% to $X in 2021. In general, consumption, however, continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.
Dry-Cleaning Machine Production in Western Africa
In value terms, dry-cleaning machine production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2014 with an increase of 3,665% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Dry-Cleaning Machine Exports
Exports in Western Africa
In 2020, overseas shipments of dry-cleaning machines decreased by 0% to X units for the first time since 2017, thus ending a two-year declining trend. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 32,300%. As a result, the exports attained the peak of X units. From 2015 to 2020, the growth of the exports failed to regain momentum.
In value terms, dry-cleaning machine exports skyrocketed to $X in 2020. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export Prices by Country
In 2020, the export price in Western Africa amounted to $X per unit, rising by 239% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2015 when the export price increased by 172,589% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; afterwards, it flattened through to 2020.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2013 to 2020, the rate of growth in terms of prices for Togo amounted to +7.7% per year.
Dry-Cleaning Machine Imports
Imports in Western Africa
In 2021, after three years of growth, there was significant decline in supplies from abroad of dry-cleaning machines, when their volume decreased by -54.7% to X units. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 154% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.
In value terms, dry-cleaning machine imports dropped remarkably to $X in 2021. In general, imports, however, recorded a pronounced increase. The growth pace was the most rapid in 2018 when imports increased by 156% against the previous year. The level of import peaked at $X in 2020, and then dropped significantly in the following year.
Imports by Country
In 2021, Nigeria (X units) was the main importer of dry-cleaning machines, achieving 75% of total imports. Gambia (X units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (4.7%). The following importers - Mali (X units), Mauritania (X units) and Burkina Faso (X units) - together made up 7.8% of total imports.
From 2012 to 2021, average annual rates of growth with regard to dry-cleaning machine imports into Nigeria stood at +20.4%. At the same time, Gambia (+27.1%) and Senegal (+22.0%) displayed positive paces of growth. Moreover, Gambia emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +27.1% from 2012-2021. Mauritania experienced a relatively flat trend pattern. By contrast, Burkina Faso (-7.6%) and Mali (-15.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nigeria, Gambia, Senegal, Mauritania and Burkina Faso increased by +49, +7.9, +3.2, +2.7 and +1.6 percentage points, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported dry-cleaning machines in Western Africa, comprising 95% of total imports. The second position in the ranking was held by Senegal ($X), with a 2.1% share of total imports. It was followed by Mauritania, with a 1.7% share.
In Nigeria, dry-cleaning machine imports expanded at an average annual rate of +3.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Senegal (+41.7% per year) and Mauritania (+64.2% per year).
Import Prices by Country
In 2021, the import price in Western Africa amounted to $X per unit, reducing by -49.7% against the previous year. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 227% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per unit), while Gambia ($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 (+16.3%), 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 dry-cleaning machine 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 28942250 - Dry-cleaning machines
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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