
Western Africa - Iron or Steel Towers and Lattice Masts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Iron Or Steel Towers And Lattice Masts 2025
Market Size for Iron Or Steel Towers And Lattice Masts in Western Africa
In 2021, after two years of growth, there was significant decline in the West African iron or steel towers market, when its value decreased by -25.1% to $X. Overall, consumption showed a mild slump. The level of consumption peaked at $X in 2020, and then contracted remarkably in the following year.
Production of Iron Or Steel Towers And Lattice Masts in Western Africa
In value terms, iron or steel towers production dropped notably to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 863%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.
Exports of Iron Or Steel Towers And Lattice Masts
Exports in Western Africa
In 2021, overseas shipments of iron or steel towers and lattice masts decreased by -14% to X tons, falling for the sixth consecutive year after two years of growth. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 150%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, iron or steel towers exports shrank significantly to $X in 2021. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 113%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
In 2021, Burkina Faso (X tons) and Mauritania (X tons) were the major exporters of iron or steel towers and lattice masts in Western Africa, together comprising 66% of total exports. Nigeria (X tons) ranks next in terms of the total exports with a 16% share, followed by Cote d'Ivoire (8.4%). The following exporters - Ghana (X tons) and Senegal (X tons) - together made up 6.6% of total exports.
From 2012 to 2021, the biggest increases were recorded for Mauritania (with a CAGR of +27.4%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, the largest iron or steel towers supplying countries in Western Africa were Burkina Faso ($X), Mauritania ($X) and Cote d'Ivoire ($X), together comprising 81% of total exports.
In terms of the main exporting countries, Mauritania, with a CAGR of +35.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.
Export Prices by Country
The export price in Western Africa stood at $X per ton in 2021, waning by -12.3% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2019 when the export price increased by 8%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+6.4%), while the other leaders experienced a decline in the export price figures.
Imports of Iron Or Steel Towers And Lattice Masts
Imports in Western Africa
After four years of growth, overseas purchases of iron or steel towers and lattice masts decreased by -19.6% to X tons in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 43% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then declined rapidly in the following year.
In value terms, iron or steel towers imports contracted significantly to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. The level of import peaked at $X in 2020, and then reduced remarkably in the following year.
Imports by Country
In 2021, Nigeria (X tons) was the main importer of iron or steel towers and lattice masts, creating 28% of total imports. Ghana (X tons) held the second position in the ranking, followed by Guinea (X tons), Senegal (X tons), Cote d'Ivoire (X tons) and Mali (X tons). All these countries together held near 48% share of total imports. Mauritania (X tons), Benin (X tons), Sierra Leone (X tons), Burkina Faso (X tons), Togo (X tons), Gambia (X tons) and Niger (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to iron or steel towers imports into Nigeria stood at -7.2%. At the same time, Senegal (+25.2%), Cote d'Ivoire (+23.8%), Sierra Leone (+19.1%), Guinea (+18.7%), Benin (+16.6%), Mauritania (+14.5%), Mali (+6.0%), Gambia (+4.5%) and Togo (+3.6%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of +25.2% from 2012-2021. By contrast, Niger (-1.9%), Ghana (-4.6%) and Burkina Faso (-6.4%) illustrated a downward trend over the same period. Guinea (+9.5 p.p.), Senegal (+8.6 p.p.), Cote d'Ivoire (+6.1 p.p.), Benin (+3.1 p.p.), Mauritania (+3 p.p.), Sierra Leone (+2.7 p.p.) and Mali (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Burkina Faso, Ghana and Nigeria saw its share reduced by -2.5%, -6.9% and -28% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported iron or steel towers and lattice masts in Western Africa, comprising 30% of total imports. The second position in the ranking was taken by Senegal ($X), with a 14% share of total imports. It was followed by Guinea, with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at -6.1%. In the other countries, the average annual rates were as follows: Senegal (+22.1% per year) and Guinea (+10.2% per year).
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 8.9% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per ton), while Gambia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+2.4%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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