Western Africa: Invalid Carriage Market 2025

Invalid Carriage Market Size in Western Africa

The West African invalid carriage market shrank to $X in 2022, which is down by -2.3% against the previous year. In general, consumption showed a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Invalid Carriage Production in Western Africa

In value terms, invalid carriage production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2015 with an increase of 35%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Invalid Carriage Exports

Exports in Western Africa

In 2022, the amount of invalid carriages not mechanically propelled exported in Western Africa skyrocketed to X units, jumping by 67% against the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by 48,967% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, invalid carriage exports contracted remarkably to $X in 2022. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2016 when exports increased by 42,953% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria (X units) represented roughly 100% of total exports in 2022.

Nigeria was also the fastest-growing in terms of the invalid carriages not mechanically propelled exports, with a CAGR of -11.5% from 2012 to 2022. From 2012 to 2022, the share of Nigeria increased by +15 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest invalid carriage supplier in Western Africa.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at -11.5%.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per unit, falling by -60.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16,962%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +0.0% per year.

Invalid Carriage Imports

Imports in Western Africa

In 2022, imports of invalid carriages not mechanically propelled in Western Africa contracted to X units, dropping by -9% against the previous year's figure. In general, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2019 when imports increased by 562% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, invalid carriage imports stood at $X in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by 446% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria was the key importing country with an import of around X units, which accounted for 38% of total imports. It was distantly followed by Ghana (X units), Cote d'Ivoire (X units), Senegal (X units) and Mauritania (X units), together creating a 49% share of total imports. The following importers - Guinea (X units) and Niger (X units) - together made up 5% 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 +26.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported invalid carriages not mechanically propelled in Western Africa, comprising 64% of total imports. The second position in the ranking was held by Ghana ($X), with an 18% share of total imports. It was followed by Cote d'Ivoire, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria amounted to -21.1%. In the other countries, the average annual rates were as follows: Ghana (+7.8% per year) and Cote d'Ivoire (+31.8% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, with an increase of 10% against the previous year. Over the period under review, the import price recorded significant growth. The most prominent rate of growth was recorded in 2020 an increase of 109% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Nigeria ($X per unit), while Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+34.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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