We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Western Africa - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Western Africa: Market for Machinery for Liquefying Air or Gases 2024

Market Size for Machinery for Liquefying Air or Gases in Western Africa

The West African air or gas liquefier market contracted to $X in 2022, with a decrease of -6% against the previous year. Over the period under review, consumption, however, saw a perceptible increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Machinery for Liquefying Air or Gases in Western Africa

In value terms, air or gas liquefier production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw notable growth. The growth pace was the most rapid in 2014 when the production volume increased by 53%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Imports of Machinery for Liquefying Air or Gases

Imports in Western Africa

In 2022, approx. X units of machinery for liquefying air or gases were imported in Western Africa; with an increase of 100% compared with the year before. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 240% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, air or gas liquefier imports soared to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 85%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria was the largest importer of machinery for liquefying air or gases in Western Africa, with the volume of imports amounting to X units, which was approx. 79% of total imports in 2022. It was distantly followed by Ghana (X units), mixing up a 15% share of total imports. The following importers - Cote d'Ivoire (X units) and Niger (X units) - each recorded a 5.9% share of total imports.

Nigeria was also the fastest-growing in terms of the machinery for liquefying air or gases imports, with a CAGR of +18.4% from 2012 to 2022. Ghana, Cote d'Ivoire and Niger experienced a relatively flat trend pattern. While the share of Nigeria (+29 p.p.), Cote d'Ivoire (+2.9 p.p.) and Niger (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ghana (-35.3 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported machinery for liquefying air or gases in Western Africa, comprising 86% of total imports. The second position in the ranking was held by Niger ($X), with a 3.8% share of total imports. It was followed by Ghana, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled +18.6%. The remaining importing countries recorded the following average annual rates of imports growth: Niger (+5.0% per year) and Ghana (-0.7% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, with a decrease of -10.2% against the previous year. Over the period under review, the import price, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2019 an increase of 136% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, 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 Niger ($X per unit), while Cote d'Ivoire ($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 (+0.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Niger, Cote d'Ivoire and Mauritania, with a combined 69% share of total consumption. These countries were followed by Sierra Leone, Togo, Nigeria, Liberia, Gambia and Guinea-Bissau, which together accounted for a further 31%.
The countries with the highest volumes of in 2021 were Niger, Cote d'Ivoire and Mauritania, with a combined 73% share of total production. Sierra Leone, Togo, Liberia, Gambia and Guinea-Bissau lagged somewhat behind, together accounting for a further 27%.
In value terms, Nigeria constitutes the largest market for imported machinery for liquefying air or other gases in Western Africa, comprising 83% of total imports. The second position in the ranking was occupied by Burkina Faso, with a 3.7% share of total imports.
The export price in Western Africa stood at $3,656 per unit in 2019, almost unchanged from the previous year.
The import price in Western Africa stood at $5,274 per unit in 2021, waning by -39.4% against the previous year.

This report provides an in-depth analysis of the market for air or gas liquefier 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 28251150 - Machinery for liquefying air or other gases

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 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 288

This report provides an in-depth analysis of the market for air or gas liquefier in Asia.

U.S. - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 320

This report provides an in-depth analysis of the market for air or gas liquefier in the U.S..

China - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 277

This report provides an in-depth analysis of the market for air or gas liquefier in China.

EU - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 262

This report provides an in-depth analysis of the market for air or gas liquefier in the EU.

World - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 365

This report provides an in-depth analysis of the global market for air or gas liquefier.

Free Data: Machinery for Liquefying Air or Gases - Western Africa
Table
Machinery for Liquefying Air or Gases - Western Africa - Table
Dashboard
Machinery for Liquefying Air or Gases - Western Africa - Dashboard
Report
Machinery for Liquefying Air or Gases - Western Africa - Report