Report Western Africa - Iron or Steel Washers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Western Africa - Iron or Steel Washers - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Metal Washer Market 2025

Metal Washer Market Size in Western Africa

The West African metal washer market surged to $X in 2021, with an increase of 20% against the previous year. Overall, consumption posted a perceptible expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Metal Washer Production in Western Africa

In value terms, metal washer production surged to $X in 2021 estimated in export price. Overall, production recorded strong growth. The pace of growth was the most pronounced in 2019 with an increase of 95%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Metal Washer Exports

Exports in Western Africa

In 2021, the amount of iron or steel washers exported in Western Africa declined markedly to X tons, waning by -56.4% against 2020. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 240%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal washer exports contracted markedly to $X in 2021. In general, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 292%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cabo Verde (X kg), Niger (X kg), Nigeria (X kg), Cote d'Ivoire (X kg), Mali (X kg) and Mauritania (X kg) represented roughly 83% of total exports in 2021. It was distantly followed by Ghana (X kg) and Sierra Leone (X kg), together committing a 10% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Niger (with a CAGR of +47.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Niger ($X), Cote d'Ivoire ($X) and Mali ($X) were the countries with the highest levels of exports in 2021, together accounting for 54% of total exports.

Niger, with a CAGR of +54.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, with an increase of 31% against the previous year. Export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 38% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+8.7%), while the other leaders experienced more modest paces of growth.

Metal Washer Imports

Imports in Western Africa

In 2021, after two years of decline, there was significant growth in overseas purchases of iron or steel washers, when their volume increased by 31% to X tons. Overall, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 234% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, metal washer imports surged to $X in 2021. Over the period under review, imports, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2013 with an increase of 83% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Ghana (X tons) and Nigeria (X tons) were the key importers of iron or steel washers in 2021, accounting for near 29% and 22% of total imports, respectively. It was distantly followed by Mali (X tons), Cote d'Ivoire (X tons), Guinea (X tons), Burkina Faso (X tons) and Senegal (X tons), together creating a 36% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Nigeria ($X) and Burkina Faso ($X) were the countries with the highest levels of imports in 2021, with a combined 60% share of total imports. These countries were followed by Mali, Cote d'Ivoire, Senegal and Guinea, which together accounted for a further 28%.

Among the main importing countries, Senegal, with a CAGR of +8.9%, saw 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 2021, the import price in Western Africa amounted to $X per ton, jumping by 16% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal washer import price increased by +41.5% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 92%. Over the period under review, import prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Burkina Faso ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+4.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Togo remains the largest metal washer consuming country in Western Africa, accounting for 67% of total volume. Moreover, metal washer consumption in Togo exceeded the figures recorded by the second-largest consumer, Guinea-Bissau, sixfold. The third position in this ranking was occupied by Nigeria, with a 9.2% share.
Togo remains the largest metal washer producing country in Western Africa, comprising approx. 86% of total volume. Moreover, metal washer production in Togo exceeded the figures recorded by the second-largest producer, Guinea-Bissau, sixfold.
In value terms, Ghana, Senegal and Sierra Leone appeared to be the countries with the highest levels of exports in 2021, together accounting for 46% of total exports. Mauritania, Cote d'Ivoire, Niger, Nigeria and Togo lagged somewhat behind, together comprising a further 38%.
In value terms, Nigeria, Burkina Faso and Ghana constituted the countries with the highest levels of imports in 2021, together accounting for 62% of total imports. Cote d'Ivoire, Senegal, Mali and Benin lagged somewhat behind, together accounting for a further 28%.
The export price in Western Africa stood at $13,186 per ton in 2021, dropping by -23.2% against the previous year.
The import price in Western Africa stood at $5,003 per ton in 2021, falling by -16.4% against the previous year.

This report provides an in-depth analysis of the metal washer market 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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