Western Africa: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Western Africa

After four years of decline, the West African industrial brewery machinery market increased by X% to $X in 2022. Overall, consumption, however, showed a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Industrial Brewery Machinery Production in Western Africa

In value terms, industrial brewery machinery production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Industrial Brewery Machinery Exports

Exports in Western Africa

In 2022, the amount of industrial brewery machinery exported in Western Africa skyrocketed to X units, jumping by X% on the previous year's figure. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial brewery machinery exports skyrocketed to $X in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Benin (X units) was the largest exporter of industrial brewery machinery, committing X% of total exports. It was distantly followed by Niger (X units) and Burkina Faso (X units), together generating a X% share of total exports.

Benin was also the fastest-growing in terms of the industrial brewery machinery exports, with a CAGR of X% from 2012 to 2022. Burkina Faso experienced a relatively flat trend pattern. Niger (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Benin, Niger and Burkina Faso increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Niger ($X) emerged as the largest industrial brewery machinery supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Benin ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Niger totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Benin (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, picking up by X% against the previous year. Overall, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (X%), while the other leaders experienced a decline in the export price figures.

Industrial Brewery Machinery Imports

Imports in Western Africa

In 2022, industrial brewery machinery imports in Western Africa soared to X units, surging by X% against 2021. Overall, imports, however, continue to indicate a slight curtailment. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, industrial brewery machinery imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Togo was the main importing country with an import of about X units, which recorded X% of total imports. Ghana (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%). The following importers - Nigeria (X units), Benin (X units), Burkina Faso (X units) and Mali (X units) - together made up X% of total imports.

Togo was also the fastest-growing in terms of the industrial brewery machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%), Mali (X%) and Burkina Faso (X%) displayed positive paces of growth. By contrast, Ghana (X%), Benin (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo and Cote d'Ivoire increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X), Cote d'Ivoire ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Togo, Mali, Burkina Faso and Benin lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Mali, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Western Africa amounted to $X per unit, which is down by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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