Western Africa: Hand Sieve Market 2024

Hand Sieve Market Size in Western Africa

The West African hand sieve market stood at $X in 2022, picking up by 7.3% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Hand Sieve Production in Western Africa

In value terms, hand sieve production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 11%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Hand Sieve Exports

Exports in Western Africa

Hand sieve exports declined rapidly to X units in 2022, waning by -88.7% compared with the year before. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 226%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand sieve exports declined markedly to $X in 2022. In general, exports, however, posted a strong expansion. The growth pace was the most rapid in 2015 with an increase of 281% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Nigeria (X units), distantly followed by Cote d'Ivoire (X units), Senegal (X units) and Mali (X units) were the largest exporters of hand sieves and hand riddles, together comprising 95% of total exports. Burkina Faso (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +1.4%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Nigeria ($X) remains the largest hand sieve supplier in Western Africa, comprising 93% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 2.7% share of total exports. It was followed by Cote d'Ivoire, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled +15.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Burkina Faso (-7.4% per year) and Cote d'Ivoire (-18.4% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, jumping by 496% against the previous year. Overall, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+17.2%), while the other leaders experienced mixed trends in the export price figures.

Hand Sieve Imports

Imports in Western Africa

In 2022, imports of hand sieves and hand riddles in Western Africa skyrocketed to X units, jumping by 39% against the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 45%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, hand sieve imports fell to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.5% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 71% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Niger was the key importing country with an import of around X units, which resulted at 37% of total imports. Nigeria (X units) held the second position in the ranking, distantly followed by Cote d'Ivoire (X units), Ghana (X units) and Benin (X units). All these countries together held approx. 46% share of total imports. The following importers - Senegal (X units) and Burkina Faso (X units) - each recorded a 7.6% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cote d'Ivoire (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand sieve importing markets in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Burkina Faso ($X), together accounting for 65% of total imports.

Among the main importing countries, Cote d'Ivoire, with a CAGR of +21.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, reducing by -33.3% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand sieve import price decreased by -36.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 36% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Burkina Faso ($X per unit), while Niger ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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