Western Africa: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Western Africa

In 2021, the West African fruit-preparation industrial machinery market decreased by -5.8% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a mild shrinkage. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Fruit-Preparation Industrial Machinery Production in Western Africa

In value terms, fruit-preparation industrial machinery production expanded slightly to $X in 2021 estimated in export price. In general, production, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 29% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Fruit-Preparation Industrial Machinery Exports

Exports in Western Africa

In 2021, exports of industrial machinery for the preparation of fruits, nuts or vegetables in Western Africa dropped dramatically to X units, reducing by -97.1% against 2020 figures. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 741% against the previous year. As a result, the exports attained the peak of X units, and then dropped significantly in the following year.

In value terms, fruit-preparation industrial machinery exports contracted markedly to $X in 2021. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 2,697%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ghana represented the largest exporter of industrial machinery for the preparation of fruits, nuts or vegetables in Western Africa, with the volume of exports amounting to X units, which was approx. 80% of total exports in 2021. It was distantly followed by Nigeria (X units), generating a 20% share of total exports.

Ghana was also the fastest-growing in terms of the industrial machinery for the preparation of fruits, nuts or vegetables exports, with a CAGR of +16.7% from 2012 to 2021. Nigeria (-4.4%) illustrated a downward trend over the same period. While the share of Ghana (+40 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Nigeria (-40 p.p.) displayed negative dynamics.

In value terms, Ghana ($X) remains the largest fruit-preparation industrial machinery supplier in Western Africa, comprising 86% of total exports. The second position in the ranking was held by Nigeria ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Ghana amounted to +22.9%.

Export Prices by Country

In 2021, the export price in Western Africa amounted to $X per unit, growing by 583% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 1,483% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+5.4%).

Fruit-Preparation Industrial Machinery Imports

Imports in Western Africa

In 2021, imports of industrial machinery for the preparation of fruits, nuts or vegetables in Western Africa declined remarkably to X units, waning by -26.5% against 2020. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 86%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports shrank sharply to $X in 2021. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 133% against the previous year. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2021, Nigeria (X units), Cote d'Ivoire (X units), Ghana (X units) and Niger (X units) represented the major importer of industrial machinery for the preparation of fruits, nuts or vegetables in Western Africa, constituting 70% of total import. It was distantly followed by Burkina Faso (X units), Senegal (X units), Guinea (X units) and Togo (X units), together mixing up a 26% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Niger (with a CAGR of +62.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported industrial machinery for the preparation of fruits, nuts or vegetables in Western Africa, comprising 48% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with an 18% share of total imports. It was followed by Ghana, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria totaled +10.9%. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+18.4% per year) and Ghana (+1.0% per year).

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, growing by 12% against the previous year. Overall, the import price showed a significant expansion. The growth pace was the most rapid in 2014 when the import price increased by 365%. Over the period under review, import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per unit), while Niger ($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 (+23.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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